BUY LT ABOVE 1540 TGT 1552/1568 SL 1525
The union budget 2021
seems to have brought the infrastructure back to investors' focus as the
stocks from this space have been witnessing traction since February 1. On
the budget day on February 1, the s&p bse India infrastructure index jumped
almost 6 percent; on the following day, it logged a gain of nearly 3 percent.on february 3, the index rose
about 3 percent in intraday trade to hit its 52-week high level of 204.5. The
move is positive for companies that deal in the construction sector as it
would lead to higher road awarding and construction. not only
construction, but cement manufacturers will also be a top beneficiary of the
government's focus on the infrastructure sector.
TOP INFRA STOCKS: Larsen & turbo,
knr constructions, ncc, gmr infra, pnc infra, sadbhav engineering, rec, hg
infra engineering, anubhav infrastructure and mep infrastructure developers.
TOP CEMENT
STOCKS: ultratechcement,
shree cements, acc, ambuja cements, ramco cements, india cements, j. K. Cement,
heidelbergcement india, star cement and jk lakshmi Cement.
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