Agri stocks to remain subdued in the short term: Nitin Raheja

In a chat with ET Now, Nitin Raheja, CIO, AQF Advisors, shares his views on agri stocks.

ET Now: What about the agri names because the new government clearly has a massive thrust going on agriculture?

Nitin Raheja: The agri names, at least in the shorter term, would be subdued and we have seen huge run-up whether it is a stock like a PI Industries or a stock like Kaveri and so on so forth backed by good numbers. But in the short term, impact of this monsoon will act as a bearing and there will be some sort of a time correction that is possible in these names.