Based on the interim Budget 2024 expectations and analyses, sectors such as railways, defense, infrastructure, power, renewable energy, auto, manufacturing, real estate, agriculture, and rural development (including fertilizers, affordable housing, small finance banks, two-wheelers) are likely to be in focus.
The government’s emphasis on manufacturing incentives, infrastructure-related capital expenditure, and disinvestment plans could impact stocks in these areas positively. Additionally, any populist measures targeting the agricultural sector and rural economy, in view of the upcoming general elections, could influence related stocks​.
Seems like there would be continued support to the emerging areas like Green Energy and Rail Infra in the purview of Vikasith Bharath
Below stocks deserve further exploration for long term and safe investment. The below stocks are not in a specific order.
- Container Corporation of India
- Indian Railway Finance Corporation
- TEXMACO Rail & Engineering
- IRCTC
- IRCON international
- ONGC
- SUZLON
- JP POWER
Note : This is not a buy / sell recommendation as i mentioned the above stocks deserves further exploration for education purpose.
Thanks
Srikanth
