BUDGET 2022-23 AHEAD: FOCUS ON INFRA & HOSPITAILITY SECTOR👍👍👍

FOR BEST BUDGET SESSION LIVE MARKET TIPS CONTACT ON 7772909587 / 8982012608 📲
It is a budget time and the countdown for the Union Budget 2022-23 has started. If the pandemic doesn’t create havoc on the budget day, then Finance Minister Nirmala Sitharaman will most likely present her fourth Budget on February 1 this year.The budget is expected to provide a push to both affordable and rental housing ecosystems as well as bolstering existing financial infrastructure so as to provide liquidity to stuck real estate projects. On the similar lines, it is expected to focus on the infrastructure space so as to increase employment potential of this sector.The hospitality sector is seeking lower taxes and incentives in terms of offering interest-free loans, subsidies and reduction in tax rates.

we are not expecting any major negative earnings impact on Nifty in the next couple of years, as the two heavy weight sectors – namely financials and technology look fine. It is crystal clear that long-term growth prospects of the Indian equities are still promising. It is recommended unequivocally that investors should use this opportunity to buy on dip strong fundamental stocks at reasonable pricing. Investor could keep following shares on radar for instance, Wipro, HCL Technologies, Tech Mahindra, HDFC Bank, ICICI Bank, KPR Mills, Fineotex Chemical, Aarti Industries, Tata Power, Olectra Greentech, KNR Construction and PNC infratech etc.
“TODAY BANKING SECTOR TRYING TO HELP MARKET TO COME ON TRACK”
Today Canara Bank 8.76 % reported over two-fold jump in its net profit on a standalone basis to Rs 1,502 crore for the December 2021 quarter on the back of lower provisioning. The bank had posted a net profit of Rs 696 crore in the year-ago quarter. Sequentially, the net profit was higher by 13 % from Rs 1,333 crore in the quarter ended September 2021. The bank's gross non-performing assets or bad loans rose to 8% of the gross advances as of December 31, 2021, from 8% at the end of December 2020.
TODAY RBLBANK UP 6%, AXISBANK UP 4% & PNB UP BY 5%
AS WE ALREADY PREDICTED IN OUR PREVIOUS POSThttps://beststockfuturecalls.blogspot.com/2022/01/budget-ahead-will-banks-bring-market.html