HDFC & HDFC Bank have been doing well: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about HDFC.

On the charts HDFC twins, HDFC in particular or some of the other housing finance say an LIC housing finance or Dewan Housing or even a GIC Housing Finance which has been forgotten for a while now?

Yes, there has been some HDFC, HDFC Bank probably behave a little differently from the other housing companies. They are much more defensive. They do not fall as much during market corrections and they have been doing well because these are the kind of market conditions in which people pick up those stocks so I would treat those two a little separately but the rest of them the last one week which was the rally week did see good demand in LIC Housing. LIC Housing Finance did have some buying and few of the others as well so that is one sector that certainly picked up as did many of the banks in fact.