Infrastructure sector may see some correction: Ambareesh Baliga

In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on Infrastructure sector

ET Now: What is your view on some of the infrastructure names which have fallen off quite a bit like GVK, GMR, Punj Lloyd?

Ambareesh Baliga: I may wait for some more correction and pick up at slightly lower levels because the infrastructure spend which we should see in the next plan, that is good enough to keep these major players going on but then if you are talking of the small players like in the infra space, they could fall off.

So that is best ignored but the larger players like GMR, Punj, L&T, they are the ones to be held onto.