Stock Picks For Budget 2022: 5 Stocks Can Yield Up To 20% Returns In The Short Term

Updated: Thursday, January 27, 2022, 19:33 [IST]

Indian markets are shaken amid the latest US Fed hints of hiking interest rates as early as March. In trade today (January 27, 2022), Nifty again saw a downward trajectory and settled lower by 168 points or close to 1 percent at 17,110. Meanwhile, as Budget is just around the corner, here are few stock picks by experts and brokerages that may give you good returns in the run up to the Budget 2022:

Stocks For Budget 2022: 5 Stocks Can Yield Up To 20% Returns In The Near Term

Stock picks by Ravi Singh of Share India

Stock	Target price	Current price	Potential gains	Rationale
SBI	Rs. 580	Rs. 528.95	9.65%	Special thrust to be given to the banking sector in the budget to promote the Indian economy
Exide Industries	Rs. 195	Rs. 173.65	12.29%	Reforms to boost EVs expected
Deepak Fertilizers	Rs. 550	Rs. 516.85	6.41%	Agriculture another key area to be in focus in the Budget 2022
Balrampur Chini	Rs. 500	Rs. 414.80	20.54%	Major reforms anticipated for the sector as it is long overdue
Tata Power	Rs. 270	Rs. 241.05	12.00%	Amid the expectation of some positive news for the power sector

Disclaimer: These picks are as suggested by an expert. Note however stock market investments being market linked are exposed to volatility and probable losses. The author and Greynium Information Technologies Pvt Ltd would not be responsible for any losses caused based on the article.

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