Avoid interest rates sensitive stocks: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now, talks about interest rates sensitive stocks.

Anything else from the interest rates sensitive space that you like?

This may be the time to go a little contrarian because the interest rate story has been going on now. These stocks are probably reaching about the lows that they would reach the interest rates sensitives. Even include real estate on this category. At the end of the day if you are buying long term, you have to buy when things are bad, you cannot buy them when they are good because by that time they have shot up. So maybe just worth a little bit of punt in these stocks. They just might take a bit of a dip if the rates go up again but they could very well be close to some low here.