Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends and investment opportunities. This is Atul P M.
The emergence of a second wave of Covid-19 infections in the country has taken some sheen off cyclical sectors that had earlier soared on expectations of faster-than-expected normalisation of the economy. While RBI Governor Shaktikanta Das indicated recently that the risk to growth from the second wave may be lesser than the first wave, investors are concerned that any fresh lockdown may delay recovery.
To get clarity on what could be the implication of the second Covid wave on cyclical stocks, such as infrastructure names, ETMarkets’ Chiranjivi Chakraborty caught up with UTI Mutual Fund’s Sanjay Dongre. Listen in!
Q. Is this correction in the broader market an opportunity for investors or a warning of something more menacing waiting to happen?
Q. Infrastructure space has garnered much attention post-Budget. Can investors still look at this space or do you think they should wait for an opportune moment?
Q. The UTI Infrastructure Fund is considerably bullish on corporate-focused banks, what is the thought process behind that?
Q. Can we expect more representation of infrastructure stocks in the benchmark indices in the next five years?
Thank you Mr. Dongre and Chiranjivi, that was indeed an insightful conversation.
That’s it in this week’s edition of the special weekend podcast. Do come back next Saturday for this weekly special. You can check out our regular podcasts on the equity market twice every week day.