Buy banking stocks on market stability: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy banking stocks if the market stabilises.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Pharma will not give us buying opportunities or good opportunities for the next few days. That is probably a more easier statement to make. If we see follow through tomorrow or if we see stability in the banks tomorrow then banks would become a buy for the short term."

On Thursday,  State Bank of India  closed at Rs 280.45, up Rs 6.85, or 2.50 percent. It has touched an intraday high of Rs 281.35 and an intraday low of Rs 272.65.

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