Allocate funds for capital goods and infra first, power stocks later: Edelweiss

In a chat with ET Now, Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services, shares his views on the power as well as the infra space. Excerpt:

ET Now: How are you playing the power stocks, both large and the midsized ones?

Ambareesh Baliga: Power stocks will start moving but there would be a gap; one should catch the early birds first and it will be the capital goods in the infra stocks. Post that, you should see the move in the power stock. Hence, allocate funds for capital goods and infra and possibly after another month and a half or two months, then is the time to look at power.