ETMarkets Smart Talk| India’s next wealth creators may be hidden in specialised manufacturing and energy infrastructure: Paresh Bhagat
A infrastructure development with market-wide reach.
· Economic Times Markets
Paresh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where India’s next wealth creators could emerge from, why several mid- and smallcap stocks remain priced for strong future growth, and how investors can distinguish expensive growth stories from genuine long-term compounders.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.
- Sectors in the story: Financial Services and Infrastructure.
Financial Services
1M -8.8% · 3M -14.9%
Infrastructure
1M -10.5% · 3M -15.8%
Sector moves are the average of the stocks we track in each sector.
In this story
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