Agencies
Synopsis
Among the sectors which have seen a strong re-rating in the last five years, probably infrastructure is amongst the top ones. Like many other sectors here also the re-rating has been largely due to policy push and government spending. If one looks at the performance of the companies in the last five years, there has been clearly strong growth across the board. So, policy continuity becomes critical for this sector and the stocks. The
By ETMarkets.com
12 mins read, Last Updated:
In recent days, there is too much that is being read into lower voter turnaround and jittery markets. For the last few days a narrative has been created that due to polls, FPIs are selling. Yes, they are selling, but are they selling because of polls, probably no. They have been large net sellers for many many months, infact their participation in the last five years has been lower and it is domestic money which has been fuelling the rally.
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