Kunal Bothra of LKP told CNBC-TV18, "Couple of stocks like Housing Development and Infrastructure (HDIL) and Unitech have showed some very promising movement, but in two days one has seen the kind of market hammering the stocks have faced."
"If Unitech touches its previous low of Rs 20 one can take a trading opportunity over here, taking a contra position of going long. But from a medium term perspective these sectors should really be avoided in anyone's portfolio," Bothra added. Also Read: Mumbai Airport rehab case: HC gives interim relief to HDIL
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