HDFC favourite, DHFL qualifies as buy: Devang Mehta

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "On Monday, when the market was falling, we released a note called Silver Lining Amongst the Dark Clouds where we had recommended few stocks. Post that in the last couple of days when markets were being very volatile Housing Development Finance Corporation (HDFC) was one of our favourite stocks and it still remains. After 8-9 percent rise I wouldn’t say it is a sell or it is not a buy right now but it is still a clear cut buy.""We feel the housing finance space is slated to do very well rather than being in the real estate space where there is a lot of volatility. These are stocks you need to buy. HDFC along with Dewan Housing Finance Corporation (DHFL) qualifies in good shopping list among the largecaps and midcaps respectively," he said.