The Union Budget stood up like never before in the whole history with Sensex rising up at the highest levels.
It is extremely outstanding to see the Finance Minister Nirmala Sitharaman keeping up to her promise.
The budget has a thumbs up since before its declaration in the market.
Big bull Rakesh Jhunjhunwala too appreciated this “like never before” budget giving it a high thumbs up.
The 2021 budget will play the key role in moving forward the Indian economy with no doubt. This budget gives a clear turning point to the whole economic policy in India.
However, there are many instances making this statement possible as the Sensex too jumped by 5 percent within the budget announcement.
There are many sectors which are emerging with the Union Budget. Sectors like PSU, IT, pharma, cements and some parts of FMGC are coming out as top trading opportunities.
The automobile sector which was down in the last two years is also rising up with the new budget.
Currently, there are almost 30 stocks rising in the budget story standing firm on FM’s promise.
Stocks like L&T, Ultratech Cement, Apollo Hospitals, Shalby, KPR Mill, Apollo Tyres, Indraprastha Gas, ICICI and others are likely to benefit in the near future.