Indian Union Budget Is Nearing
Thursday, July 2, 2009 7:06You must be aware that the indian union budget is on July 6. The budget could have a good impact on the Indian market. We could see quite some rise or fall after the budget. The sectors that are most likely to get the benefit will rise up sharply. The infrastructure sector is most likely to get a boost after the budget and so the companies in this sectior would do good in the coming months. I would suggest investing into Unitech, IVRCL, DLF etc companies as they are most likely to go higher up in the coming days. They have also performed pretty well in the last 6 months, IVRCL doing the best with a whooping 321% return. So if you had invested 1 lakh in IVRCL 6 months back, you would have got back around 3 lakh 21 thousand now.That is quite a heavy return in just 6 months although we know that most of the companies have performed well, but 321% still beats most of them. Reliance Infrastructure has also performed pretty well and that might continue to perform good now that we know infrastructure is to get some boost in our budget. I would suggest you to buy some stocks in these sector immediately to reap the benefits rather wait for the budget as it is not that useful once the stocks have already risen.
There could also be a benefit in the education and power sector. Rural and Export areas are expected to get some benefits as well. So you might want to eye on those sectors also. Some of the big players are investing into all sectors to minimise the risk, that could also serve well. Now lets sit back and hope that the budget serves in favour of us.










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July 2nd, 2009 at 8:35 am
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July 2nd, 2009 at 8:46 am
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July 2nd, 2009 at 8:50 am
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July 2nd, 2009 at 9:19 am
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July 2nd, 2009 at 9:28 am
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