While the capex cycle has been moving well in sectors like railways, road and other infrastructure sectors for some years. In sectors like cement, chemicals, pharma which are driven by the private sector, indications of capital spending on adding capacities, what is commonly called private sector capex coming back are visible. One industry which benefits from this capex would be the capital goods sector, but one has to be very careful in choosing the stock as the word “capital goods stocks” is prone to getting misinterpreted.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make