A maturing market amid the mayhem
Capital goods stocks rise
The BSE Capital Goods index rose 2.35 percent on Thursday, with stocks like Punj Lloyd and BHEL posting smart gains.
Punk Lloyd closed 4.7 percent higher, BHEL gained 3.3 percent and L&T ended up 3.2 percent.
Shares in L&T have gained nearly 10 percent this week, on optimism of higher order flow.
Do you think it is the right time to invest in this sector?