Hero MotoCorp, UltraTech Cement, Ashok Leyland, HPCL, IGL to SBI - Stocks to focus on ahead of Budget 2021-2022: Sharekhan Preview
Sharekhan believes that it is imperative for the Centre and states to continue with counter-cyclical fiscal measures to sustain the momentum of the recovery. Hence, the government may maintain its focus on development of infrastructure (roads, water and affordable housing) that would give the economy a much-needed earnings / employment stimulus. Further extension / granularity of PLI schemes to spur manufacturing might also be announced in the Budget. There could be some initiatives to support urban poor especially from the disruption in the MSME sector. Infrastructure, Real Estate, Construction, and Railways are some sectors, which may be in focus in the upcoming Budget 2021.
Infrastructure, Real Estate, Construction, and Railways are some sectors, which may be in focus in the upcoming Budget 2021: Reuters