Indiabulls Real Estate an attractive buy: Daniel McCormack
Published on Tue, Mar 09, 2010 at 08:23 | Source : Moneycontrol.com
Updated at Tue, Mar 09, 2010 at 08:24
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Indiabulls Real Estate an attractive buy: Daniel McCormack
With global economic growth firming up and monetary conditions remaining loose for an extended period; the macro backdrop supports a healthy outlook for Asian equities over 12 months, says Daniel McCormack, Macquarie Securities.
Daniel McCormack, Macquarie Securities said that, "With global economic growth firming up and monetary conditions remaining loose for an extended period; the macro backdrop supports a healthy outlook for Asian equities over 12 months. Telecom companies are by far the cheapest sector in Asia ex-Japan. Indiabulls Real Estate is an attractive buy with target price of Rs 203/sh."
