Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The real estate stocks are going to outperform. Indiabulls Real Estate, Housing Development and Infrastructure (HDIL) and Prestige Estates are probably going to look better and remains a buy on dips opportunity. It is not topping out but the same cannot be said for DLF and Unitech, both of them should be avoided completely."
At 14:16 hrs Indiabulls Real Estate was quoting at Rs 69.30, down Rs 1.05, or 1.49 percent. The share touched its 52-week high Rs 87.30 and 52-week low Rs 52.55 on 17 May, 2013 and 30 September, 2013, respectively.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!
