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Monday, May 21, 2007

Go with SBI & IDBI

Preference continues to remain with the top levels of State Bank of India and IDBI kind of banks because both these banks are coming up with a good amount of business model and probably if I were to put it across in a pure investor format these are the stocks, which are starting their upside rally.
Deven Choksey of KR Choksey Securities feels that for the next two years there are more upside in SBI, IDBI.
He further added, "For the next two years horizon both these stocks we are seeing good amount of upsides possible in both these companies. Ultimately, it is the financial than the business model of the company and in case of State Bank of India as well as in case of IDBI more in case of SBI we are very comfortable with the kind of modeling on which they are working at this point of time."

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