NBFC most preferred sector, says Dipan Mehta

Dipan Mehta, Member at BSE & NSE told CNBC-TV18, "Clearly Indiabulls Housing Finance has been a consistent performer and what we are observing now is that investors are gradually rerating the valuations for the company. It has over a period of time demonstrated secular growth as far as performance is concerned and on the whole investors prefer to buy into housing finance companies having seen what LIC Housing, HDFC, Repco Home Finance and Gujarat Housing have delivered."

"Within the NBFCs the most favoured sectors are the housing finance companies along with say, consumer finance and micro finance and investors after looking at private sector banks are focussing more on the NBFCs to increase their exposure to the financials," he added.