Hot Chips - Nagarjuna Construction

The market rejoiced and recorded exceptional gains recently as a single political party won with a significant majority. This means that most of the decisions related to reforms that were kept pending by the government during its last tenure can now be green-lit, especially those concerning such sectors as infrastructure, power and insurance. Obviously, these particular sectors which were the worst hit in the market over the last 18 months are expected to bounce back. Furthermore, the current rally in the market was mainly led by the realty index that recorded a gain of almost 40 per cent in just two days. As per a broker, the realty and infra stocks are expected outperform the other index in the current rally. He also expects the index to further surge by over 20-30 per cent in the coming period. This counter has witnessed a significant increase in the F&O space. Thus high-risk investors can take short-term exposure in the counter.