The Bombay Stock Exchange (BSE) building in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
The second Covid-19 wave has subsided and the economic growth is expected to pick up because of pent-up demand and fiscal stimulus. Saurabh Mukherjea advises Indian investors to be wary of the tendency to stick to certain development-centered sectors in such situations.“The temptation in a period of rising GDP growth in our country is to buy steel, construction, real estate, cement, metals and mining stocks,” said Mukherjea. Investor...