2022-02-01 08:15:31
Budget :
* govt needs to focus aggressively on divestment to maintain its fiscal deficit, last year they were not even achieved 25% of its .
On divestment news we needto focus on ( idbi bank, sci ,concor ,itdc )
*last year govt increased its cap expenditures from 4.25 lac crore to 5.5 lac crore . Expecting a upward revision in this budget also from 5.5 lac cr to 6.25 lac crore
Govt knows that they can't be dependent on import now so needs to keep watch on cap expenditures
* BOND MARKET(for low rate environment): needs to keep watch on the plan of including Indian bond in msci , its one of the biggest point to keep watch as govt will gets buyers instantly at low rate.
Sector to keep watch :
Auto sector :
I think we need to focus on auto sector this year , as auto sector is facing tough time and its also an employment generator sector .
Real estate :increase in deduction under section 80 c for housing loan.
Canfin home ,hdfc Ltd
Agriculture: subsidy in fertilizer, although not positive but can be positive for selective stocks like upl , chambal ,rcf
Direct player of agriculture like mnm , hul ,britania can also react to this .
Covid hit sector : travel and tourism
I think govt can announce something for them .
Hotel co , vip industries etc
Green energy:
Mobile and electronic manufacturing : dixson ,polycab
Benefit in semiconductor: thermax
IT : NO DIRECT beneficiary of budget but if govt will give relaxation in tax policy of buyback or dividend than IT sector can surprise the street .
ITC : WHO Recommended 75% tax on tobacco, in india its at 50 to 55% ,if govt will take step towards it than it can be very negative for ITC .
573 viewsTush, 05:15
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