For Quick Alerts
For Daily Alerts

    Place Bullish Bets On Indian Shares As Greece Deal Reached, Union Budget Next Week


    It's almost certain that Indian markets would open higher next week and the momentum would continue till the Union Budget is unveiled on Feb 28. A few things that could move the markets in the Union Budget is the deferral of GAAR.

    Bullish Bets On Indian Shares As Greece Deal Reached, Union Budget Next Week
    Finance Minister, Arun Jaitley has repeatedly talked of rationalisation of taxes ad GAAR could be deferred by another two years. This could prop up sentiments in the markets and we could be headed for sharp gains.

    Another roumour doing the rounds is that Minimum Alternate Tax may go. This could also provide a boost to corporate earnings and the stock market.

    Which Stocks To Bet A Week Ahead of The Union Budget 2015?

    There could be several industries that could gain from the Union Budget, though at the moment we can only hazard a guess. The one sector that could see traction is the infrastructure sector. Higher allocation to roads and liberalisation in the power sector could be on the cards. A general boost to the infra sector in the form of sops cannot be ruled out.

    It would therefore be a good idea to buy stocks like L&T, HCC, Gammon Infra etc.  A dark horse that one can bet on is the PSU banks. Should the Union Budget manage to keep the fiscal deficit under control, we could see the Reserve Bank of India cutting rates, this could see a momentum in PSU banking stocks. 


    One would be surprised if there is no rally in stocks this week. The Greece deal and the Union Budget 2015 are likely to be big drivers. Immediately after the Union Budget if the RBI cuts interest rates it could be an icing on the cake. A lot would depend on what Arun Jaitley does reveal on Saturday in the Budgetary recommendations. It would be surprising, if the Union Budget does not deliver as promised.

    Read more about: union budget 2015 greece
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more