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Defense stocks have already done this, will the infrastructure sector follow suit? 6 shares of highway manufacturers

Posted on by darion

Defense stocks have already done this, will the infrastructure sector follow suit? 6 shares of highway manufacturers

summary

There are four sectors: railways, defence, infrastructure and PSUs, constituting a set of stocks where the election results were important due to the fact that policy continuity was seen as a major enabler of growth. Since the results were not exactly what the street expected, there was a sharp reaction from all companies after the election results. However, within ten days, most defense stocks are already trading higher than the amount they traded on Election Day. The question is whether other sectors will also see catching up or not. There is no longer any doubt that political noise levels will remain high, which can create uncertainty at times. It may take some time for some sectors to regain momentum on the streets, but the probability of getting back on track is high once the street receives a signal that work is normal in that sector.

By ETMarkets.com

13 minutes of reading,

Government policy affects every sector to some extent, but in some sectors it is a major factor in growth and survival. This is especially true when all spending in a given sector comes from government budgets, both central and state. Initially, these activities were led by the central government, but recognizing the political capital in infrastructure development, state governments increasingly focused on road and highway construction.

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