Sectors to look out for Budget 2015
Finance Minister Arun Jaitely is going to present the first complete budget of Modi Government on 28th February. Amidst high hopes for reforms and good Governance, budget 2015 has become one of the highly anticipated budgets. It will be make-or-break budget for the BJP Regime.
Read: Budget 2015 Expectations
With Falling Crude Oil Prices, the Government is expected to save Rs.1 trillion this year. Half of this saved money is expected to be spent on the Modi Flagship Infrastructure and manufacturing activities.
Global Investment Bank Credit Suisse also beholds India on a development spree and is very positive about the GDP growth of India to speed up to 7 % to 8% this year.
Smart Cities, Bullet Trains, Affordable Housing are amongst the major reforms which will see huge Government spending in the budget.
If you are a stock market investor or trader than you need to follow the budget as this will demonstrate the vision of Naredra Modi led Government. We have listed 10 sectors along with the shares that would be benefited from Budget 2015.
|Urban Infrastructure||VA Tech Wabag, IVRCL, Ion Exchange, Pratibha Industries and Triveni Engineering|
|Defense||BEL, BEML, Bharat Forge and L&T|
|Railways||Titagarh Wagons, Texmaco, Kalindee Rail and L&T|
|Roads||IRB Infra, Sadbhav, L&T, NCC, Ashok and Buildcon|
|Banking||Axis Bank, HDFC Bank, ICICI Bank, BOB, Kotak Mahindra|
|Rural Infrastructure||Ultratech Cements, JK Lakshmi India, India Cement, ACC and Kajaria Ceramics|
|Power||Adani Power, NTPC, Torrent Power, BF Utilities|
|Housing||Asian Paints, Havells India, Supreme Industries, Century Plywood, Greenply, Somani Ceramics, Cera and Berget Cements|
|Airports||Ultratech Cements, JK Lakshmi India, India Cement and ACC|
|NBFCs||Shriram Transport Finance Corporation, Bajaj Finance, Cholamandalam, Sundaram Fin|
Inputs taken from Credit Suisse Report and Economic Times
Please note that above shares may not be the best but may give good results post budget. But one must take utmost care and do the proper research before investing in any of the above stocks. Since Indian Share Market runs on the sentiments and sometimes fundamentals do go wrong, so it is advisable to consult with your adviser before investment.