Couple of months before the general election took place, it was all about power stocks. Anything to do with the power sector was being lapped up. Today, they might not be in the headlines, due to lack of price action on the street. But does this make a difference in the real business conditions which have got back into shape after a long period of time. The answer is no. Look at the announcement and listen to concalls which some of the companies have done after their Q1 results. It is clear whether it is their plans to get into clean energy space while continuing with expansion and modernization of their thermal power plants or increasing their distribution circles. Probably it is time to make a decision about an investment which was taken as momentum investment or trade whether it needs to be turned into a long term portfolio or not.
