Realty not a safe sector: Mohindar

Rahul Mohindar of Viratechindia is of the view that Real Estate is not a very safe sector to be in. He advises to focus on banking and capital goods as they are safer and expected to lead the market.

Mohindar told CNBC-TV18, "I would be relatively neutral to the real estate stocks, I do not see the fact that we have broken out and at the same time there is always a visible downside if things turn awry on the basic market itself. So it is not a very safe sector to be in, I think if one is really looking at longs, one should focus on banking and capital goods they would be safer and they are the ones, which can lead this market from here."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks or sectors discussed.