Infrastructure, Capital Goods Stocks on Fire

Even as the broader markets showed some signs of cooling off after BJP's emphatic win, some infrastructure and capital goods stocks showed no signs of weariness. The CNX Infra index was up 7.6 per cent in comparison to nearly 1 per cent rise in Nifty. JP Power Ventures rose 25 per cent, IVRCL 20 per cent, Punj Lloyd 18.5 per cent, Rel Infra 17 per cent, and BHEL 16 per cent. Among capital goods stocks, BHEL rose 18 per cent w...