While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Getting locked into instruments before the new regime kicks in would be a good strategy.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
Gilt funds make sense only if you want to take a tactical view on interest rates and are looking for a short-term duration.
In a growth market, these funds should not form more than 10-15% of your portfolio. Invest with a horizon of at least 5 years