Financial Management
Surat Stock:Indian stock market "style switching": Modi concept stocks are "cold", consumer and software stocks are "hot"
Indian investors are shifting from Modi concept stocks to defensive stocks.Surat Stock
The Modi stock index prepared by Lyon Securities showed that in early June, Modi won the Indian presidential election and started 100 days since the third term.%And 34%.
In addition, media compilation data also shows that foreign funds' investment in industries such as public utilities, cement, metals, and finance has also been sold in August.Indore Investment
Analysts pointed out that this is mainly because the Modi government's dependence on allies has inspired investors' concerns.In this year's Indian election, Modi's leadership of the Indian Party (BJP) led by Modi did not obtain half of the seats in the People's Court (lower courtyard), and only obtained the power of the cabinet by relying on allies.
Wright Research and Capital founder and fund manager Sonam Srivastava said the rotation of the Indian stock market was mainly promoted by the recent global market fluctuations and elections:Agra Stock
"Focus on significantly shifting from infrastructure to agriculture and consumption."
Jefu Rui Financial Group strategist Mahesh Nandurkar issued a report that the Indian government is "gradually turning to populism", resulting in the unable to achieve capital expenditure goals, which will become a major resistance to investment -intensive infrastructure industries.
A report from Motilla OSWAL Financial Services showed that in the three months since the results of the election on June 4th, domestic common funds have reduced investment in capital and cargo manufacturing companies every month.The main driving force.
Sreram Ramdas of Green Portfolio said that the "unreasonable expectations" of Modi concept stocks is now shrinking, and it is expected that its poor performance may continue until the end of this year.
Risk prompts and exemption clauses
The market is risky, and investment needs to be cautious.This article does not constitute personal investment suggestions, nor does it take into account the special investment goals, financial conditions or needs of individual users.Users should consider whether any opinions, opinions or conclusions in this article meet their specific conditions.Based on this investment, the responsibility is on the responsibility.
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