Infrastructure sector may outperformer: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view in another significant decline infrastructure stocks may do that much better, so it is likely to be a relative outperformer.

Sukhani told CNBC-TV18, "The impression is that infrastructures charts are emerging out of that very sharp down move that we saw and if the market were to rally, I think construction and infrastructure would outperform. So to that extent the charts are better than some of the names we have discussed. But if in the sense that the Nifty has to rally for these stocks to perform but the good side is that in another significant decline if we have a bout of declines again then these stocks may do that much better, so infrastructure is likely to be a relative outperformer."

Disclosure: Analyst has delta neutral positions in the Nifty and investments in the shares.

Source: Moneycontrol