Capital goods may gives optimism to market

Capital goods, Power, and infrastructure sectors largely affected if any new policies arrived or announced by Central government. Foreign Institutional investment also play key role to drive Indian stock Market .

Capital goods stocks has witnessed slowdown in recent past. Rupee depreciation of the recent few months further escalated the prices of imported components and material adding more fuel to pressure.

Market experts expected that strong and decisive government is crucial for India's economy. Investors want business friendly government would find it easier to undertake reforms for repairing India's fiscal position and should address India's investment challenges , which could result in fiscal lightening and gradual economic recovery.

The Growth in Capital goods output, though marginally, gives an optimism of a pick up in industrial investment.