Post-poll sector opportunities: Infra can play out but there is a catch
Need help with how to invest at the current juncture? Which sectors to choose? In an exclusive interview with ETMarkets, Chirag Muni, Executive Director at Anand Rathi Wealth Ltd gave his take on navigating the market after the recent election results. In this, we spoke on how to build a solid investment strategy, which sectors are worth keeping an eye on, and what history can tell us about investing during this time. Excerpts:
How have the markets performed post-elections? Markets have been touching all-time highs on and off, what’s your take?
In the last one week, Nifty has witnessed some sharp movements, however if you look at last one week's data the overall movement is not that big. In the past, we had observed that post-election Nifty undergoes a certain amount of volatility, however, at present for a long-term investor it should not be such a big concern.
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On a week-on-week basis, the effect on the performance of Nifty is negligible when it comes to pre-poll levels.
Since 1999, Nifty has only been negative two times in terms of returns (monthly basis) as historical data.
What would you suggest to investors at this current juncture & how can existing investors as well as fresh investors plan their investments?
At present the macro outlook of India is positive with
