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Buy Bharti Airtel, RIL, SBI For Steady Gains - PN Vijay

Shalini Kakkad 16 August 2007

Portfolio Manager PN Vijay Portfolio Manager, PN Vijay suggests investors to purchase Bharti Airtel, State Bank of India, SBI, Reliance Industries with a 6-12 month outlook.

Vijay told, "On a 6-12 months perspective, one would definitely buy Bharti Airtel, State Bank of India and Reliance Industries in that order. One would stay a bit clear of ICICI Bank because that bank has been very adventurous - always. One is not sure what their home loanfund raising, which means if at all there is a contagion banking credit effect globally, ICICI Bank and probably portfolio is. Secondly, I think they are a bit global in their HDFC Bank would be the hardest hit."

He also said that the stocks will surely provide good returns in this time period.

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