What stock should I buy in advance of a budget?

What stock should I buy in advance of a budget?

Sanjiv Bhasin believes that stocks of Divis Laboratories Ltd (Target Rs 4500), Sun Pharmaceuticals (Target Rs 700), ICICI Prudential Life Insurance Company (Target Rs 700), HDFC Life Insurance Company (Target Rs 850), Jindal Steel and Power (Target Rs 375), ACC (Target Rs 2,200) and HCL Technologies (Target Rs 1,250) …

What stocks should I buy on a budget?

Top Category Deals

• Stocks in Focus: Hero MotoCorp, Bajaj Auto, TVS Motor, Maruti Suzuki, Ashok Leyland, Tata Motors, Escorts, Mahindra and Mahindra, CEAT, Apollo Tyres, Amara Raja Batteries, Exide, VST Tillers and Tractors.
• Stocks in Focus: Polycab India, Sheela Foam, Amber Enterprises and Dixon Technologies.

Which stock will benefit from Budget 2021?

UltraTech Cement, Shree Cement, Birla Corporation, JK Cement and Ambuja Cements will be key beneficiaries, according to Elara Capital. While Ultratech Cement, Dalmia Bharat and JK Lakshmi are the top picks of analysts at Prabhudas Lilladher.

Which stocks will go up after budget?

Analysts said stocks like Dilip Buildcon, IRB Infrastructure and Ashoka Buildcon as their order books may get a boost. Cement: Cement sector stocks like UltraTech Cement, Shree Cement, Ambuja Cements, and ACC are expected to benefit from the government’s 34.5 per cent higher outlay on capital expenditure in 2021-22.

Will market rise after Budget 2021?

Union Budget Effect on Share Market 2021, Share Market on Budget 2021 HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended 5 per cent higher Monday. In the broader market, BSE Midcap and Smallcap indices rose 2-3 per cent.

IS Budget 2021 good for share market?

Union Budget 2021: No news is good news for investors​​ There were rumours that the government may consider raising more money through STT and LTCG since the stock market gained from the pandemic. But the government did the right thing in rejecting this though.

How will Budget 2021 affect share market?

Union Budget Effect on Share Market 2021, Share Market on Budget 2021 HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended 5 per cent higher Monday. Sensex surged 2,315 points or 5 per cent to 48,600.61, while Nifty 50 ended at 14,281, up 646 points or 4.74 per cent.

Can I sell a stock I bought yesterday?

You can sell a stock right after you buy it, but there are limitations. In a regular retail brokerage account, you can not execute more than three same-day trades within five business days.

Can I buy same stock after I sold it?

You can buy shares and sell them a week later for a tax-deductible loss because the initial purchase was not intended to replace shares already owned or sold. In most cases, a wash sale is triggered when you sell an investment then buy the same investment again within 30 days after the sale.

What are the effects of Budget 2021?

Healthcare sector: One of the key winners of Budget 2021 has been the healthcare sector. The Budget impact on healthcare was much expected, given the healthcare crisis we’ve been through. It was, hence, no surprise that the health overlay was increased by a good 137%, with Rs.

Is Budget good for stock market?

India’s financial sector is headed for much better times. The thumps up given by the stock market to the Budget stems from the conspicuous absence of new tax proposals and the focus on growth. The disinvestment target of Rs 175,000 crore can be comfortably achieved in this bullish market.