The underperformance of these sectors is temporary. When the economy is doing well, banking sector should do well. The sector is losing due to news related to scams, loans given against 2G licenses that are facing the heat themselves by some banks etc. The sector is fundamentally good, results too have been positive. Overall, also the Asian banking sector has performed well.
Realty should also perform well in the long-term. Some amount of transparency brought in by appointment of a regulator would work well. There are no negatives for metals, as I see it. It is just a phase. Public sector (PSU) banks, Reliance Industries, Larsen & Toubro and Tata Steel look good at current levels.
Source : Smart Investors
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