Exited the bank last week looking at the over-optimism in the market and the QIP placement done recently. The bank had become 40% of my overall portfolio and hence wanted to re-balance as well.
I may be wrong but shifted the proceeds to banks like HDFC which are not market favourite right now and no-one like it as it gives me MoSafety. The bank may keep doing well but market may not reward as much as market gives the best returns in terms of surprises and I believe that phase is over for bank.
Will keep tracking as I like the Jockey of this Horse 
Disc : Not invested anymore
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