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


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

StockTarget priceCurrent pricePotential gainsRationale
SBIRs. 580Rs. 528.959.65%Special thrust to be given to the banking sector in the budget to promote the Indian economy
Exide IndustriesRs. 195Rs. 173.6512.29%Reforms to boost EVs expected
Deepak FertilizersRs. 550Rs. 516.856.41%Agriculture another key area to be in focus in the Budget 2022
Balrampur ChiniRs. 500Rs. 414.8020.54%Major reforms anticipated for the sector as it is long overdue
Tata PowerRs. 270Rs. 241.0512.00%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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