Key Points
The reason was very simple, with strong wins in states, hope on the street is that election 2024 should see the continuation of the same government. which essentially means the sectors which have been in focus for the last nine years will continue to see positive policy push and stability..
On top of the list is the infrastructure sector..
Beside the steel and cement which are the biggest beneficiary of the infrastructure boom, it is construction and contracting companies which gain the maximum as infrastructure continues to get the push..
ET screener powered by Refinitivs Stock Report Plus lists down infrastructure stocks with high upside potential over the next 12 months, having an average recommendation rating of buy or "strong buy"...
But if after the elections the new government which has come to power is known to have infrastructure as its priority it adds to the positive to the sector and that too for a longer period of a long time..
