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India summer temperature hits 50 degrees: 5 cool stocks for your portfolio

Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.

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Rex Cano Mumbai

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Summer temperatures across select cities in India have crossed the 50 degree celsius mark. However, infra seems to be a 'cool theme' for investors to park their money in as most brokerages remain optimistic on the outcome of Lok Sabha polls.

In this backdrop, they expect continuity in policy, with the new government likely to continue its thrust on the infrastructure sector.

So far since April 19, the Nifty Infra index has surged around 6 per cent, with 16 out of the 30 index stocks, outperforming the underlying benchmark index.

Ashok Leyland, Balkrishna Industries, Siemens and Bharat

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