SP Tulsian of sptulsian.com told CNBC-TV18, "Indiabulls Real Estate is a very favoured stock, which we generally see it bouncing back quickly from Rs 58-60 to Rs 68-70 and again the profit booking comes in. If one takes a fundamental view on Housing Development and Infrastructure (HDIL) or Indiabulls Real Estate, I think both are quite good at the current level because purely on investment basis, I don't see them falling further from current levels."
"So, one may have a trading view as well as short term investment view on both the stocks," he said. Also Read: Mumbai Airport rehab case: HC gives interim relief to HDIL
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