Bearish on Peninsula Land and Anant Raj Industries: Ashwani Gujral

Not sustainable, if real estate was in such a great bull market, we would all find out.

In an interview with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about Peninsula Land and Anant Raj Industries.

Peninsula Land and Anant Raj Industries on the charts?

I do not think it is useful to become brave and go and buy real estate right now. Even if they are in the green, these are one off type moves. Not sustainable, if real estate was in such a great bull market, we would all find out. So I do not think you need to be buying anything right now before the market stabilises overall.
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