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Voltas, Blue Star: Trading ideas for consumer durable stocks amid heat wave

Blue Star is in a long term bull trend and may continue to remain a favorite for market participants.

Earth temperature, ACs, high temeperature, summers, hotter summers, Voltas, Blue Star, Johnson Controls-Hitachi, Lloyds, Symphony, Crompton Greaves Consumer Electricals, HSBC Global Research, heat in June, Blue Star and Hitachi, Crompton Greaves Cons
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Avdhut Bagkar Mumbai
Just few days back, IMD issued a warning on increased intensity of heat waves with an "orange" alert for select states of Rajasthan, Madhya Pradesh and parts of Maharashtra, predicting a rise of another two degrees Celsius in northwest region. On April 27, temperatues in Rajasthan soared above 45 degree-mark in seven of its districts.

Heat waves generally occur in the months from March to June, with some exceptions in July. It covers the most parts of India - including the states of Punjab, Haryana, Delhi, Uttar Pradesh, Bihar, Jharkhand, West Bengal, Odisha, Madhya Pradesh, Rajasthan, Gujarat, parts of Maharashtra