Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "DLF is a short. The small bull run is over. All real estate stocks are likely to move lower. IDFC is not a buy. I would be uncomfortable selling it. It is to avoid because the stock is bottoming out."
"Bharat Petroleum Corporation (BPCL) is a buying opportunity once the correction ends. It may turnaround, Rs 300 may not be support but I would find it difficult to sell. So, among them all real estate stocks are short sells," he said. Also Read: Realty stocks under pressure on high inventoriesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
