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Monday, February 25, 2008

World's biggest democracy India's budget

World's biggest democracy India's budget is going to be announced on 29th Feb.'08 from the bags of Shri P.Chidambaram, finance Minister. Common people of India, Media, Industrialists of India & abroad, FII's,Inst.Investors, Mutual Funds, HNIs, all are looking towards eyes of Shri P.Chidambaram. Whole World's Big Financial Heads are keenly waiting for 29-02-2008,cause U.S. and Euoripean Economies are struggling against fear of economy and industrial slowdown, Where as Emerging Markets like India, China,Brazil, Russia are doing good since last 4-5 Years.


Lawyer from Chennai, Shri P.Chidambaram had given the budget for the financial year 1997-98 & since last 3-4 years. All were super-duper budgets for all common people, Industrialists, Economy,Development & also for the Stock-Market. This year also, people from all over India & abroad hoping for repetition of history. Even I also believe that Central budget would be as good as P.Chidambaram's & Dr. Manmohansingh's image .Simultaneously he has to take care of Inflation,Sub-prime effect to Indian Economy, Rising Crude Oil Prices, Slowing Economic as well as Industrial growth,Further push to Agriculture growth so as to achieve agri sectors targets,Volatality of Foreign Markets & its effect on indian economy,market, Tax-payer's Expactations,Liquidity Flow Control,Interest Rates and Keep GDP Growth above 8.5 or 9 in coming years...etc.

This time finance minister will get the full support of Prime minister who himself was a finance minister & was the promoter of the Economic Reforms.Lalooprasad's Rail Budget is going to favourable.It seems that, this Central Budget is also people,Investor,Industry & Market Friendly. But he has to take care of Left parties, Tax plannings,Inflation,Economic Reforms,PSU Disinvestments,Employment,Fresh investments,support to Indian industries for development & growth in India & abroad. Many Sectors are Waiting for good announcement. Many sectors are struggling against severe competition, so that sectors really needs to boost up and some good relief in taxation. Last few figures of Economic data, Industrial Data was poor but Tax Collection data is coming out with mind blowing figures... roughly 42% up…Record Break tax collection which fullfills Finance Minister's last year budgetary expactations.

29-02-08's budget will be well balanced,likely to focus more on Employment,Rural Development,Agriculture growth,Infrastructure Growth. Coming Budget can be called as " Comman-Man Budget "....

In coming budget following Industries likely to gain on good announcement from the FM. Keep a close eye on stocks belonging to these sectors.Undoubtly this year budget is likely to focus more on common people,Farmers cause of Elelctions are nearby in India & Shri P.Chidambaram has to take care of Smt. Sonia Gandhi's view for forthcoming political events.

Here are the few hot scripts sector wise. If these sectors related news is positive then these companies will be in limelight & may be create firework in coming days.

Sector : Co.'s Will Be benefited if Good Announcement :

Oil and Gas :

HPCL,BPCL,IOC,ONGC, Cairn,Gail, Essar Oil

Infrastructure :

IVRCL, Nagarjuna Construction, DLF, Jai Corp,

Telecom :

MTNL, R Com, Bharti Tele, IDEA,Spice Tele, GTL Infra

Aviation :

Jet Air, Air Deccan, Spice Jet

Media & Entertainment :

Cinemax, Zee, NDTV,Dish Tv, Zee news.

Banking :

SBI, ICICI, HDFC, Union Bank, BOI, Dena, Vijaya, Indusind Bank, Fedral Bank

Agriculture :

KS Oil, Ruchi Soya, Zuari Agro, Excel Crop, Usher Agro, Nutraplus Products

Pharma :

Surya Pharma, Sandu Pharma, Glenmark,Ranbaxy, Nutraplus Products, Wanbury

Biotech :

Jupitor Bio, Sharon Bio, Biocon, Mediaman

IT :

TCS, Zensar, Prithvi, Infosys, Tutis Tech, Aftek Info, D-link, Tech Mahindra, Fin.Techno

FMCG :

Colgate, ITC, Hind.Lever, Nestle

Oil Exploration :

Hind.oil, Selan Exploration

Fertilizers :

RCF, GSFC, GNFC,Nagr.Fert, Godavari, Chambal

Tyres :

TVS Shrichakra, CEAT, MRF, Apollo

Gems & Jewellery :

Rajesh Export, Vaibhav Gems

Finance :

Continental Credit, TFL, Ind.Lease

Mining & Minerals :

Hind.Copper, RNRL, Kachch Mineral, Sesa Goa, Hind.Zinc,GMDC,VBC Ferro Alloys.

Metals :

Tisco, Jindal Stainless, Kaamdhenu,Ferro Alloy, Hindalco

Retails & Textile :

Arvind, Life Style Fashion, Timex, Santogen Export, Super Spinning, Suryajyoti

Shipping :

Mundra Port, SCI, GE Shipping, SEAM

Const. Material :

Hyderabad Industries

Chemicals,Paints :

Asahi Songwan, Vikram Thermo

Hotels & Tourism :

Hotel Leela, Indian Hotel, EIH Associated, ITH

Insurance & Housing Finance :

LIC Housing, HDFC, ICICI, GIC, Ind. Lease

Sugar :

Renuka, Riga Sugar, Bajaj Hind.,Uttam Sugar

Cement :

OCL, ACC, India Cement, Birla Corp

Engineering :

Rolta, Hind-Door, Batliboi

Food( Agri Base) :

Britannia, Nestle,GTC,ITC, Nutraplus,ADF Food

Logistics :

Aegis Log., Gati, GDL

Irrigation :

Rungta Irrigation, Jain Irrigation

Elect.Goods :

Salzer Electr.

E-Governance & IT Education :

Prithvi Info,NIIT, Aptech, NIIT Tech

Auto :

Maruti,Telco, Punjab Trac, M&M, VST Tillers

Pumps :

KSB Pump,Roto Pump

Paper :

BILT, AP Paper, Sirpur Paper

Medical Services :

Indraprasth Mediacal, Apollo Hospital, Span Diag.

Leather:

BATA, Mayur Leather, Liberty Shoes

Pesticides :

Excel Crop, Zuari Agro, Bayer Crop

Plastics :

Nilkamal,

Printing & Stationery:

Navneet Publications

Food Processing:

Usher Agro, Agro Dutch Ind., Ravalgaon Sugar, Quality Dairy, Satnam Overseas, Dawat.

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