Railway, defence and power stocks will be trending for next 3-5 years: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says it is not a glass half full, half empty scenario. Just being invested can be superlative, just like we have seen in the PSUs or the sectors which have outperformed, which did nothing for 10 years but in three years, they have done all what they had not done for 10 years. So just being invested sometimes in good businesses can be extremely rewarding, but frustrating in the short term.”