Pashupati Advani on 4 sectors you can safely buy for next 7-8 months

economictimes.indiatimes.com:

Pashupati Advani, Founder, Global Foray, says “the government between now and the elections next May is going to try and complete a lot of infrastructure projects and that is going to put huge pressure on cement, steel, chemicals that are used in construction as well as the construction companies that have got the work. So, those are the ones that you can quite safely buy, at least for the intermediate term of the next seven to eight months which is like a good run.”
Do you think there are more legs to the PSU banking rally and any stock that you would want to discuss from that pack?
All PSUs are doing well simply because the government is spending and has a mission to get a lot of projects done and obviously the PSU banks are easily going to supply money for that. So, as long as that continues, one needs to be long on PSU banks simply because the government is not going to default, they are making a good spread on the interest and they are also expanding their books.

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So, all those are good things for banks. Yes, and of course, the top of the list has always been SBI because it has always been an interesting bank to follow and it has got lots of subsidiaries which are also doing well and will continue to keep going, whereas private banks can say no and PSU banks normally do not when the government sends a request.

What is your take on the IT sector?
I personally have not been as hot on the IT sector, but the thing is that it benefits whenever the rupee gets weaker and the rupee