Buy DLF,HDIL,Indiabulls Real estate on dips: Nirmal Bang

MUMBAI: Nirmal Bang is of the opinion that amongst sectors, realty space is showing strong base formation. It has advised investors to scrips on dips.

���Markets are still caught in the trading range of 3500-3700 but major action is shifted to the midcap space. A major development can be seen only if Nifty manages to break this trading range. Going ahead of the election results markets will continue to trade with extreme
volatility and it will be very difficult to catch the trend.

Reality stocks are showing strong base formation at lower levels. Stocks like DLF, HDIL and Indiabulls Real Estate can be bought on dip with an investment view,��� said Nirmal Bang report.

���Metals are under severe pressure as commodity markets decline. Sterlite looks very weak in this category,��� the sector outlook added.