Avoid Infra stocks at current stage: Sandeep J Shah

In a chat with ET Now, Sandeep J Shah, CEO, Sampriti Capital, shares his views on infra/construction stocks.

ET Now: What is the call on infra/construction stocks?

Sandeep J Shah: Earlier, I had mentioned that we would look at infra/construction as best trading plays at this stage where the environment became more conducive and we started seeing action happening on that front and on the regulatory side as well along with clearance of approvals. I suspect that a lot of these stocks have already rallied a little bit. As the heavy news flow is coming in around this times, so investors will not like to add risk in their portfolios. The time to add risk is when either stocks have corrected significantly or the environment is much more conducive. So to repeat, I had mentioned last time that there could be trading plays at best because the environment is still not conducive but not at this stage, not now.