Where is HDFC Bank headed? Time to look elsewhere? Mahantesh Sabarad answers

economictimes.indiatimes.com:

Mahantesh Sabarad, Independent Market Expert, says “from a forward looking perspective, most of the banks should be looking at a significant premium over the ROE in terms of multiples that we offer to the book value. IndusInd Bank is one such bank which is doing incrementally better while HDFC Bank is not.”
This market is getting rusty, technicals are getting sticky and global cues are not looking all that solid and strong. Do you think the best part of the market for the next couple of weeks and months is actually behind us?
Yes, I think so because we have seen a lot of volatility in the market; markets have been rising up, going down, partly due to a lot of geopolitical tensions coming in due to results flowing in and a little bit on uncertainty related to the US Fed policy as well. So, all these events compressed together have come about in the past four to six odd weeks and have caused huge volatility in the market. With the net market trend lowering, I guess the future ahead seems to suggest that we can look for better market days ahead.

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We are awaiting ICICI Bank as well as Kotak's earnings performance. But suffice to say that the leadership stands with ICICI Bank amidst the private banking names?
Yes, I think so. You can see that very clearly in the stock performance over the past year or so. Even if it could take a longer horizon of a three-year period, then ICICI Bank seems to have stood out relative to the other private sector banks. There is a reason for it. The