Shubham Agarwal of Motilal Oswal Securities is of the view that, Indiabulls Real Estate is looking good in real estate space. If Nifty closing above 5,950 maek then it would be a right time to buy realty.
Agarwal told CNBC-TV18, "In real estate I would prefer Indiabulls Real Estate because that is something, which within the pack has been outperforming the peer companies. So, that is something, which we should look at. But I would bet on real estate only, once we get a confirmation of Nifty closing above 5,950. If that happens then it would be a right time to buy realty. We have seen realty outperforming for past 2-3 months and that outperformance can continue post a breakout confirmation."Discover 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!
