Sentiments pretty weak about railways stock: JV Capital
The best play on railways would probably be a week before the budget.
Sajiv Dhawan: Railway is a sector which is talked about around February time ahead of the budget. This time is different. Sentiment is pretty poor. I do not think I am going to be too convinced that anything is going to happen in the railway budget which is going to drive these stocks up. The best play would probably be a week or so before the budget.
If you want at best you take a speculative call with a 3% to 5% stop loss and if there is any movement it is likely to happen a couple of days before the actual budget is announced. So again a sector for the high risk traders only and frankly speaking on the fundamentals, there is nothing exciting about the sector as a whole. They do not do much for 11 months. It is just the month of February they just seem to come back into life.
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