Investors are expected to focus on stocks that may get impacted from budget announcements. Stock market participants are betting that the fi nance minister may make some announcements regarding recapitalisation of PSU banks, which may boost sentiments for beaten down stocks such as State Bank of India and Punjab National Bank.
Some of the companies such as Kalindee Rail, Titagarh Wagons and others may also gain attention as government plans to increase thrust on road and railway infrastructure in forthcoming Union Budget. Some of the small cap companies like Cera Sanitaryware may see acti on as the government is expected to increase outlay on drinking water and sanitation. Coal India may also see interest on government divestment plans.
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References
- ^ State Bank of India (economictimes.indiatimes.com)
- ^ Punjab National Bank (economictimes .indiatimes.com)
