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Given the lacklustre order flows in the roads sector, diversified firms with exposure to railways, water and defence are better poised for the near term ....
Production-linked incentives are pushing up private capital outlays in India and a large chunk of new investment plans are green, a trend that’s visible across many industrial segments. ....
Over last 10 years in post-Budget month, bull & bear have shared the honours on Nifty The Nifty50 touched a record high of 15,257.10 on February 9, gaining 10.8 percent since Budget Day. Sunil Shankar Matkar February 11, 2021 / 10:18 AM IST Indian shares had their best Budget Day in 22 years, as the Sensex rallied 2,300 points, or 5 percent, to 48,600.61 and Nifty gained 646.60 points, or 4.74 percent, at 14,281.20 on February 1, with the market hailing the Budget as growth-oriented. The Budget was being closely watched to show the way forward to an economy hit hard by the coronavirus pandemic, as the government took the expansionist path to bring growth back on track. ....