Many of the real estate stocks have corrected also. But I would still think that they are not really cheap relative to the growth prospects in the near term. So, we need to wait to see corrective moves, better opportunities, etc. So, if people need to invest, DLF seems to be better placed vis-à-vis the other companies on a valuation as well as risk-return perspective. But overall, my view is that real estate after the sharp run-up needs to consolidate for some more time.
Oversold signals emerge amid market slide; technical charts hint at possible relief rally
Indian equity markets are experiencing significant volatility after three days of selling. Technical indicators suggest a potential short-term rebound due to extreme oversold conditions, with