News > What are Modi stocks and should you buy them before election results?
What are Modi stocks and should you buy them before election results?
31/05/2024 02:24 PM | Click to read full article
Given the sheer impact that the government's policies have had on several sectors, investors have begun to categorise stocks that are direct policy plays into a new basket called Modi stocks. Modi stocks are related to capex and infrastructure-linked sectors, PSUs, or stocks of some corporate houses. From the F&O universe of 183 liquid stocks, CLSA has identified 54 companies that are perceived as direct beneficiaries of PM Modi’s policies.
