Principally and fundamentally aviation stocks would be an avoid: Rajan Malik

I do not think this is a sector where one would want to enter unless you buy for momentum on absolute dips. Principally and fundamentally it would be an avoid.

Rajan Malik, Head Equities, Private Client Group, MF Global in a chat with ET Now gives his views on aviation stocks

ET Now: What is the call on aviation stocks?

Rajan Malik: That is a sector which one would want to avoid. The policy announcements have got some of the shares in focus.

But primarily, I do not think this is a sector where one would want to enter unless you buy for momentum on absolute dips. Principally and fundamentally it would be an avoid.
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