Nov 29, 2016 04:26 PM IST | Source: CNBC-TV18

Prefer infrastructure stocks: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer infrastructure stocks.

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "If you had just asked me 15-20 days before I would have said you can think about it at least, but even then I would have been a little hesitant because power has been troubled sector. We haven’t seen too much of a sorting out of their problems there. All things combined it simply means that a sector which was on the back foot will continue to perhaps that period will only get extended in the current scenario."

"One could look at some stocks in the infrastructure, road building that kind of play because I think that once you are flushed with money, one of the big spends that the government will do would be on infrastructure. You could look at a beaten down name there rather than getting into a power which is fairly beleaguered sector for the longest time now," she added.

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