Buy GIC Housing Finance for medium term holding: Deepak Mohoni

"GIC Housing Finance did come down rather a lot during the last bear market, about 50% down but since then, it has picked up momentum, showing a fair amount of volatility."

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about GIC Housing Finance.

How are some of these NBFCs and some of the housing finance companies looking on the charts?

Quite good, GIC Housing Finance did come down rather a lot during the last bear market, about 50% down but since then, it has picked up momentum, showing a fair amount of volatility on the upside. So should be good for medium term holding as well.
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