Very tough banking marketplace right now: Jagdish Malkani

In a chat with ET Now, Jagdish Malkani, Member NSE & BSE, shares his views on Banking stocks:

ET Now: Would you go out and buy any of the large cap private banks or now they have run up a bit too much?

Jagdish Malkani: They have run up too much. It hasn't changed between Wednesday and Thursday.

It is still a very tough banking marketplace there; the PSU banks are awash with dud loans.