Kotak Bank has had a fabulous year and we have stressed enough that in whole Banking sector, we only like and invested in HDFCBank(800 levels) and Kotak Bank(around 1300 levels). Hence Now the stock has entered correction and its 16% down from its high. Its a good stock to accumulate at these levels for long term gains.
@amusedMagpie48587, that depends on the overall nifty trend, rising corona cases and fear of lockdown. So cant predict in such short timespan. Can buy if you are long term investor.