Buy housing finance shares on correct ion- Deepak Shenoy of Capitalmind

Deepak Shenoy of Capitalmind told CNBC-TV18, "I would go long on housing finance companies if they were to correct substantially from here. There is LIC Housing Finance, Can Fin Homes and there are a bunch of other from Repco Home to a couple of others as well. If they were to go down, I would pick those up."

"I am not really so keen on the regular non-banking finance companies. There is Capital First which was very impressive with their numbers and Magma Fincorp which has been showing some interesting numbers as well. So, look forward to seeing if we can pick those up on a correction," he said.