India Cements is a better bet, says Manoj Murlidhar, Associate VP-Derivatives, IIFL PReMIA.
Murlidhar told CNBC-TV18, "Realty sector has not found more of cash based buying though there is good position, which is happening in the derivative side obviously we are seeing good open interest build up."
He further added, "In the banking sector, a Canara Bank at Rs 610, ICICI Bank or if it is a cement sector then India Cement would be a better bet rather than getting into the realty sector."
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