Capital Goods Stocks Outlook for the week- 30.03.2015 to 01.04.2015
Most
capital goods companies' stocks are expected to see a recovery in line with the
broad
market
next week, as market participants believe that this week's correction in the
market
provides
an opportunity to re-enter.
In
the capital goods space, market participants remain positive on Larsen &
Toubro and
recommend
buying it on dips. The negative view on Bharat Heavy Electricals given the lack
of positive triggers for the stock and also weak outlook for its earnings.