Buying interest was strong in infrastructure, auto and cement blue-chips. The markets will now in the short-term move on pure-price dynamics. |
The fund opens during the run up to the Union Budget and closes well after it, giving investors a choice to invest as per the Government's allocation for infrastructure in the budget. |
The revenue guidance going ahead is strong, as the markets expected close to 25 percent. Along with the bonus offering, these numbers should be positive news for the markets. |