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SP Tulsian positive on real estate sector

Updated : March 26, 2019 04:55:19 IST

The latest analysis and commentary by stock market guru SP Tulsian on what is moving the markets today.

On DLF, Tulsian said, “The theme which is playing out on DLF is becoming debt free on a standalone basis. On a consolidated basis they will continue to have a debt of maybe about Rs 7,000-7,500 crore so probably market seems to be cheerful and going ahead on April 1, you will be having a positive outlook on the real estate sector because of the reduction in the GST to 5 percent and 1 percent for the affordable housing.”

“Preference overall remains positive on the real estate sector but the pecking order for DLF maybe on the number four or number five,” he said.

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