Saturday, August 15, 2009

Buy Reliance Industries at Rs 1900: Deven Choksey

Deven Choksey of KR Choksey Securities is of the view that one can buy Reliance Industries at around Rs 1900.

Choksey told CNBC-TV18, "Within the sectors the stocks would be more meaningful and may be I would keep an eye on the PSU bank stocks at the lower end of the band. State Bank of India is on my radar and the stock right now quoting above closer to Rs 1,800; it was yesterday on the higher side. But may be one may want to get into this stock whenever it starts getting available below Rs 1,700 levels.”

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