Exit Union Bank of India: Sudarshan Sukhani

Oct 10, 2013, 12.23 PM IST

Sudarshan Sukhani of s2analytics.com recommends to shift from Union Bank of India to State Bank of India (SBI).

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Sudarshan Sukhani of s2analytics.com recommends to shift from Union Bank of India to State Bank of India (SBI).

Like this story, share it with millions of investors on M3

Exit Union Bank of India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends to shift from Union Bank of India to State Bank of India (SBI).

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The charts of YES Bank are upbeat. We had a sharp correction almost a bear market, that is behind us. In one year time one should see higher prices from where they are prevailing now. One should also see higher prices in Union Bank of India but it is not one of the best public sector undertaking (PSU) banks to be in."

"One would be well advised to shift from Union Bank of India into State Bank of India (SBI)," he said.

Disclosure: I don't have any positions in the stocks we discussed.

Action in Union Bank of India

Rokok Kanker