Market turnaround may have begun: Here is how to cherry-pick stocks now

If one is betting on investment revival, the banks that have gotten severely drubbed such as Axis Bank, ICICI BankBSE -0.07 % and Yes Bank are essentially corporate-focussed lenders. If one is willing to take a medium-term perspective, they are the ones which are going to see the maximum reduction in provisioning levels and also upgrade in terms of the assets that have been classified as NPAs as and when the interest rate falls and economic revival takes place

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