Buy Power Grid: Rajesh Jain

Buy Power Grid, says Rajesh Jain, Market Strategist.

Jain told CNBc-TV18, "I will continue to invest in Power Grid given the state of the markets. Power Grid is a low beta low downside risks stock and given the fact that power plants are coming up across the country both in the private and the public sector the transmission in the distribution network in the country would need significant upgradation where Power Grid has a major role to play.