powerfulpicks advice on KVB and other banking stocks: Bonus of 2:5 is not a strong enough trigger to buy Karur Vysya bank almost near 800. A bonus is a financial gimmick, although markets treat bonus shares favorably.Just adds more liquidity.
You can buy KVB close to 705, not at this price. As per my assessment, most banking stocks with the exception of probably DENA bank, ICICI and Corporation bank are already fully priced. So even if the longer term prospects are good in banking stocks, they look a bit tired now. If you own any banking stocks, hold. But for fresh buying, limit yourself to DENA bank and ICICI bank only and that too on dips (2-3% corrections)
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