indian stock market

The Union Budget 2020 failed to meet the sky-high expectations of Dalal Street. But a series of moves to address issues in the agriculture, infrastructure and financial sectors in a bid to revive growth in the economy are going to create conditions for some businesses to flourish. Analysts said a handful of stocks are set to draw large benefits from the Budget as the government continues to remain generous with the rural economy with several proposals to increase farm income, which can  .. In her Budget speech, Finance Minister Nirmala Sitharaman reiterated the government commitment to double farm income by 2022, and proposed to liberalise the agriculture sector. She unveiled a bundle of schemes, including higher crop insurance coverage, a robust warehouse and cold chain infrastructure to ensure better storage of farm produce, and another scheme called Kisan Rail in PPP mode to facilitate faster movement of perishable goods. “ The government set aside Rs 2.83 lakh crore for ag...

analytics, and related fields. We have collated a list of stocks from various experts that are likely to benefit the most from the Budget 2020: Expert: Gaurav Garg, Head of Research, CapitalVia Global Research Relaxo , Bata India, Bajaj Electricals , Whirlpool of India , Symphony , Blue Star : Due to the hike in customs duties on small applianc Apollo Hospital , Biocon , Ajanta Pharma , Dr Lal PathLab : The government provided Rs. 69,000 crore for the healthcare sector for FY2021 (including the Rs. 6,400 crores for Pradhan Mantri Jan Aarogya Yojana). The Budget also proposed to set up a Viability Gap funding window for setting up hospitals in the PPP mode. In the first phase, those Aspirational Districts will be covered, where presently there are no Ayushman Bharat empanelled hospitals. Adani Ports and Special Economic Zone Ltd , GMR Infrastructure Ltd , Larsen & Toubro : National Infrastructure Pipeline receives Rs. 22,000 crore equity support for infrastructure...

Contribution of regional content fell from 34 percent to 23 percent year-on-year on account of poor performance of Tamil and Telugu content. Maryam Farooqui @farooqui_maryam ...

23.01.2020 49 Share on Facebook   Tweet on Twitter     Brokerage houses remain bullish on the country’s largest lender State Bank of India after healthy earnings in the September quarter with a significant fall in slippages. They expect the stock to rally to Rs 420, implying a 49 percent upside from current levels, in the next one year. While having a buy call on the stock, Jefferies raised its target price to Rs 385 from Rs 380, as the bank delivered a surprisingly strong quarter, especially on the asset quality front, the biggest worry plaguing the banking sector. “Insolvency and Bankruptcy Code (IBC) recoveries could be surprising on the upside and keep credit costs under control. Valuations are attractive at 0.9x forward P/B for a 15 percent return on equity (RoE) by FY21,” the brokerage said, adding it tweaked earnings estimate by (up) 6.8 percent for FY20 and (up) 0-1 percent for FY21-22. Kotak Institutional Equities also retained...