Here's why Hemang Jani is bullish on QSR stocks

economictimes.indiatimes.com:

«We think that the capex cycle is surely looking good and typically in an election year, these companies and these sectors tend to do very well so one should have a positive bias on this space,» says Hemang Jani, Independent Market Expert.

Curious to get in your thoughts. What is the outlook on the capital goods space, the likes of a Siemens etc?
I think within the capital goods space, what stands out for us is L&T because of the recent business updates and the fact that this open offer which got concluded, the floating stock from the retail side has reduced considerably and different business verticals are showing good traction.
So L&T would be the number one pick and apart from that, I think the sector may go through a little bit of correction and depending on how the quarterly numbers pan out for companies like Siemens, ABB and whole host of midcap companies, one should be able to kind of take a call based on the inputs.

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But overall, we think that the capex cycle is surely looking good and typically in an election year, these companies and these sectors tend to do very well so one should have a positive bias on this space.

Clearly, it is PSUs which across the board have seen the maximum gains, right. The PSU index has been the one which has held through the market volatility all through the month of September and even right now. Which pockets within PSUs are you most comfortable with in deploying fresh money right now on the market dips?
I think when it comes to PSUs, there are diverse sectors and companies. So I think