Narendra Modi's impact likely to drive PSU pack higher across all sectors: Tarun Kataria

In a chat with ET Now, Tarun Kataria, Chairman, Cityspring Management, shares his views on PSU pack and OMCs.

ET Now: Is there still money to be made in oil marketing stocks with the assumption that the NDA will carry forward oil sector reforms?

Tarun Kataria: In the oil sector, there will clearly be reforms in terms of subsidies and so on. There is a history of Modi ensuring that the companies in the PSU pack are actually run well and are responsible to all their stakeholders.

So, I suspect that the PSU pack across sectors will be under different kinds of pressure than they have been in the last 10 years. Therefore that is probably something that continues to drive this pack higher and I would watch this space.