Budget graph will tell how much shares of power will jump!
The countdown for the presentation of the country's general budget has begun. The whole country is eyeing the upcoming budget. The stock market investors are also holding their breath. Especially there are some sectors, whose fate is hidden in the budget graphs. The budget announcements decide how much these shares will jump or how much they will dive. Especially the companies of infrastructure, power and defense sector are largely dependent on government announcements.
If the government announces special incentives for them in the budget, then the shares of the companies associated with them become rockets, otherwise they keep diving intermittently throughout the year. The renewable energy sector is also like this, its speed also depends a lot on the government. If the government announces some special subsidy, incentive or package for the renewable sector, then its growth accelerates, otherwise it continues at its own pace.
Investors are keeping an eye on Nirmala Sitharaman's eighth budget
Investors are keeping a close eye on Nirmala Sitharaman's eighth budget to be presented on Saturday. However, as soon as the budget is presented, the market movement shows how much investors have liked the budget. If the government announces more funds for Gati Shakti Project, Bharatmala Project, National Infrastructure Pipeline to give a booster dose to the infrastructure sector, then the shares of cement companies or other infrastructure companies will be on the rise.
Reduction in GST will also become a growth engine
If a reduction in GST is announced for a particular sector in the budget, then that too can become a growth engine for the stock market. Apart from this, there are many other aspects of the budget on which the success of the stock market and its investors will depend. Therefore, the investment giants have started adding and subtracting them.
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