Housing demand is expected to pick up in next six months as sentiments have improved after the government announced tax incentives to the real estate sector in this year's budget, according to a survey.
Under the rules unveiled late on Thursday, the RBI set a minimum waiting period of six months between private debt placements by NBFCs.
Phani Sekhar, fund manager at Angel Broking believes L&T Finance Holdings is a good stock to hold on. He expects at least 50 percent upside over the next 1-1.5 years.