“API and CRAMS have at least five to seven years of very good growth and high margin continuing overall. Some of these companies are dirt cheap when compared to the potential that is there in the segment and we are still getting some of these companies at 10, 11, 12 times current year earnings.â€
The Nifty Realty index closed 1.95 per cent down at 450.4.
In the Nifty 50 index, 6 stocks ended in the green, while 44 stocks closed in the red in today's trade.
IndusInd Bank, Apollo Hospital, Bajaj Finserv, Tata Motors and Tata Consumer were among the top losers on NSE in today's trade.
The 30-share BSE Sensex closed down 651.85 points at 59646.15
The 30-share BSE Sensex closed down 651.85 points at 59646.15
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