Can bet on BHEL, L&T and IVRCL in infra pack: Deepak Mohoni
These are better bets because of the high volatility but that depends on whether the market manages to cross 5700.
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| ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com, on his views on infra stocks.
What is the view on the infra pack?
BHEL, L&T, the big stocks here, they have been lagging a little bit. At best, they are performing along with the market but if you look at them for not just last week or month but even 1 or 2 years, they have been index laggards as well and not much momentum even now.
The other infrastructure stocks like IVRCL in particular, they have picked up a bit of momentum in the last 2 weeks. So if one is to take a chance with infrastructure, those may be better bets because of the high volatility but that is going to depend very much on whether the market manages to cross that 5700 and get into very decent uptrend.
What is the view on the infra pack?
BHEL, L&T, the big stocks here, they have been lagging a little bit. At best, they are performing along with the market but if you look at them for not just last week or month but even 1 or 2 years, they have been index laggards as well and not much momentum even now.
The other infrastructure stocks like IVRCL in particular, they have picked up a bit of momentum in the last 2 weeks. So if one is to take a chance with infrastructure, those may be better bets because of the high volatility but that is going to depend very much on whether the market manages to cross that 5700 and get into very decent uptrend.
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