Union Budget 2024: Stocks on Traders' Radar in Key Sectors
Overview of Budget 2024
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024, which is anticipated to focus on infrastructure, consumption, and public sector companies. These areas are likely to attract considerable interest from investors.
Market Reaction
As the budget announcement approaches, traders are adjusting their equity positions in response to the 10-day volatility seen in key indices.
- Increased Volatility: Traders are closely monitoring the shifts in markets.
- Key Stocks: Certain stocks are on the radar for potential growth.
Conclusion
The emphasis from the government on the sectors of infrastructure and FMCG could propel the equity benchmarks to achieve new heights during this fiscal year. Investors should keep a watchful eye on these sectors as they may present lucrative opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.