Can the Budget give a boost to the rural theme? Deven Choksey answers
“In the case of Adani Group, the companies will individually start recovering the prices on the basis of merit. Some of the companies have hit the lower circuits on fear of selling in MSCI related portfolios. If that particular fear recedes, then some of the companies would recover. I do not know about a V-shape recovery but there would be a smart recovery and stability in prices.”
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