Infrastructure Sector

market: How sectoral rotation can help you make money in an expensive market

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market: How sectoral rotation can help you make money in an expensive market

For those worried about buying stocks in an expensive-looking market, sector rotation can be an effective money-making strategy, according to Mohammed Abrar Asif, Co-CEO of Riyadh-based Hades Financial Private Capital Group. “This involves reallocating investments from overvalued sectors to those with more attractive valuations. For example, while IT and Financial Services have seen significant run-ups, … Read more

RBI: Worries build up over RBI strictures on infra financing

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RBI: Worries build up over RBI strictures on infra financing

Mumbai: Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India’s tougher draft guidelines on the financing and accounting of project loans. The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance … Read more