VK Vijaykumar, Chief Investment Strategist at Geojit

“But at the end of the day this is an unprecedented
July 31, 2016
And so Chris Simms did what Chris Simms and other
July 31, 2016

VK Vijaykumar, Chief Investment Strategist at Geojit

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Canada Goose sale This puts them neck in neck to find the next clue. Since the town hosts enough churches for a year of Sundays, The Tims hit the wrong chapel. Jody and Cory, first to the Double U Turn, decide to pass. Finance Minister Nirmala Sitharaman on November 7 said the government will put in Rs 10,000 crore in this alternative investment fund (AIF) while State Bank of India and LIC would provide Rs 15,000 crore, taking the total revival package to Rs 25,000 crore.The finance ministry has announced several measures to boost the economy that has been in a slowdown phase for many quarters now.”In the realty sector, top picks are Oberoi Realty, Godrej Properties whereas Sunteck Realty and Sobha could also do well. In housing finance, HDFC will continue to dominate whereas Can Fin Homescould also do well from here,” Amit Gupta, Co Founder and CEO, TradingBells said.Investors and traders should also focus on other housing related stocks like Asian Paints, Kajaria Ceramics, Pidilite Industries, Ramco Cement, Shree Cement, he added.Ajay Bodke (CEO PMS Prabhudas Lilladher feels the likes of Piramal Enterprises, L Finance, JM Financial, Edelweiss (even the likes of Indiabulls Housing Finance and DHFL), banks saddled with large real estate exposure like Yes Bank, IndusInd Bankand quality names like HDFC should lead the charge.Real estate developers like DLF, Godrej Properties, Oberoi Realty, Sobha, Puravankara, Kolte Patil, Brigade Enterprises etc as well as EPC companies deriving substantial revenues from real estate like NBCC, Ahluwalia Contracts and of course L would remain in focus, he said.VK Vijaykumar, Chief Investment Strategist at Geojit Financial Service feels the proposed AIF is better than the earlier one since this also includes projects referred to NCLT.This will be beneficial not only to the stressed real estate sector but also the home finance and NBFCs which have lent to developers, he said.Kotak Institutional Equities also feels the move directionally positive for NBFCs, especially the ones focused on real estate loans.”Establishment of such a large fund indicates the government’s intent to support the sector which bodes well for lenders. Not only does this support resolution of real estate NPLs/NCLT cases and NBFCs that are struggling on liquidity to fulfil their commitments, but other lenders (banks and large/well funded NBFCs) can also constructively start looking at the sector Canada Goose sale.

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