Mirae Asset Sharekhan

key highlights of the union budget 2024. #InterimBudget2024 #IndiaBudget #BudgetExpectations #EconomicOutlook #FiscalPolicy #GovernmentSpending #BudgetAnalysis #Budget2024 #InterimBudget2024 #IndiaBudget #BudgetExpectations #EconomicOutlook #FiscalPolicy #GovernmentSpending #BudgetAnalysis #Budget2024

#Sharekhan #Budget2024 PMAY (Gramin) 2cr houses will taken up under the scheme over next five years +ve for Cement, Building materials #Sharekhan #Budget2024

#Sharekhan #Budget2024 Focus on Rooftop Solarisation for 1 crore housesl; key beneficiaries Tata Power, NTPC and Adani Green #Sharekhan #Budget2024

#Sharekhan #Budget2024 Capex Outlay for infrastructure for FY25 increased by 11.1% to Rs. 11.11 lakh crore, 3.4% of GDP +ve for Infrastructure, Cement #Sharekhan #Budget2024

#Sharekhan #Budget2024 Coal gasification & liquefaction capacity to be set-up by 2030; positive for Coal India, BHEL #Sharekhan #Budget2024

#Sharekhan #Budget2024 Viability gap funding for offshore wind for 1GW capacity; positive for Suzlon Energy, Inox Wind #Sharekhan #Budget2024

#Sharekhan #Budget2024 Development of 3 new railway corridors to improve travel speed & decrease cost; 40,000 rail boogies to be converted to Vande Bharat. Positive for railway stock, RVNL, Ircon, Siemens, RITES, L&T, Titagarah wagon #Sharekhan #Budget2024

#Sharekhan #Budget2024 – For FY24 – Fiscal deficit estimates is revised to 5.8% of GDP vs estimates of 5.9% and for FY25, fiscal deficit is expected at 5.1% of GDP vs expectations of 5.2%. - Positive #Sharekhan #Budget2024

We also anticipate the government to announce sops for the middle class (promote new income tax regime, housing etc.) and rural segments while retaining capex focus. #Budget2024expectation #Budget2024expectation