Feb 13, 2013, 11.06 AM | Source: CNBC-TV18
Real estate stocks are likely to do much better, says Sanjay Sinha, Founder, Citrus Advisors.
Sanjay Sinha (more)
Founder, Citrus Advisors | Capital Expertise: Equity - Fundamental
Sinha told CNBC-TV18, "If you ignore the stock price performances of the oil and gas stocks and the IT stocks in the month of January the broader market has been experiencing a very wide or a very sharp correction throughout the last six weeks and in that correction I think the real estate stocks had stood their ground for sometime."
He further added, "The unpleasant development of yesterday did trigger some correction there, but I think this phase of consolidation might get over for the high-beta stocks first then it gets over for the large cap index and therefore running into the remaining part of calendar year 2013 I would expect the high-beta stocks including the real estate stocks to do much better."
Universal Cables appoints Sanjay Aggarwal as CFO
Universal Cables Ltd has informed BSE that the Boa
Jayant Sinha pitches for changes in Companies Act, Sebi norms
Jayant Sinha, Minister of State for Finance, said,
Govt may mull 1-yr extension for UK Sinha as SEBI chief: Sources
Conditions ripe to start NPL de-stressing cycle: Sanjay Nayar
Sanjay Nayar, CEO at KKR India says, it is crucial
Govt looking to address challenges plaguing infra sector:Sinha
On the second-day of an investment summit with sov
Do’s and don’ts to keep in mind while taking the real estate plunge
Do’s and don’ts to keep in mind while