Sanjiv Bhasin says: “Railway and defence stocks will do well but do not expect the type of run-up you have already seen. BEL and HAL, RVNL, IRFC have almost tripled in the last one-and-a-half years, so a little bit of caution there, do not chase a rising tide like it is now. Wait for opportunities or nibble into them with a SIP or the CPSE ETF or a mutual fund.
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