Buy Jet Airways, HDFC Bank on declines
Market expert Shrikant Shetty says investors can hold Jet Airways stock for a medium to long term with the possibility of partial profit booking around the 540 levels, as he feels with crude prices easing it will be a positive for airlines, plus the impending Etihad deal is likely to boost Jet Airways share price. Analyst Hitendra Vasudeo says that while the banking sector has seen many bear corrections, HDFC Bank has resisted them and even though higher levels on HDFC Bank may be tested again, the stock could be touching the 700 level and therefore minor intraday dips can be used to average out or accumulate the stock.
