Sharekhan has identified the key identified investment themes of policy push driven re-rating of construction, power and public sector undertakings, and early beneficiaries of an economic revival, like auto and financial services and believes that a possible pull-back or correction in these stocks after the recent upsurge would offer an attractive opportunity for investors to accumulate these stocks with a little longer time horizon.
To re-iterate our bullish stance, we believe that the equity market is on the cusp of a multi-year rally with the potential to give exponential returns to investors. Do not get bogged down by the recent 20-25% run-up and take a longer-term view on the stock market (and play the multi-year rally for handsome gains) says Sharekhan.
