Wait and watch for infra sector: Ritu Arora, Canara HSBC OBC Life Insurance

Ritu Arora, CIO, Canara HSBC OBC Life Insurance, gives her views on the infra sector


Is there an investment case in infrastructure and real estate from a 1 year, 1.5-year perspective or you believe they have run the course for the time being and there could be better levels to buy at?

I would think so. On infrastructure, there is still overhang of economy being sluggish. Capital formation being slow. Projects being delayed, so though there is a change in interest rate sentiment, I would think one would want to wait out for infrastructure, capital goods kind of stocks for a little longer before one rushes into them. For now they have moved up a fair bit. I do not see any rush to get into this sector at this stage.