Bearish on HDIL: Kharkhanis, ICICI Sec

ET Now spoke to Ketan Kharkhanis, Head of Active Trader Service, ICICI Securities, on his view on HDIL.

You think HDIL will outperform the market in a downside considering the move today 5% down in trade?

Yes I think in the real estate pack HDIL seems to be the weakest of the stock right now. On a positive side if you have to talk about real estate, I think DLF looks to be the best out of the lot but largely the sector remains in a range bound scenario. I do not see a major up move coming in the near future at least.