The highly awaited Union Budget for the year 2011-2012 is here. The budget was seen as a precursor to path ahead for the Indian Equity Markets. However, the budget seemed to by and large failed to enthuse the investor sentiment as the markets closed with modest gains , after reaching an intra-day high of 18,226!
We now look at the budget and its impact on various sectors(Click on the below image):
Although, it failed to be a populist budget , it can be seen to benefit the Banking, Auto, Power, Cement sectors. As seen in the previous budget the focus was more on Infrastructure Development and the much required social causes like Education & Health, which is inline with the objective of intrinsic growth.
The major sectors to watch out for post - budget would b Banking , Automobile, Power generation/ distribution, Cement, Capital Goods.However, other macro-economic factors have to be considered accordingly.
One of the key concern which the budget failed to address the rising Inflation. Also, it failed to directly address the rising crude oil prices. The level of growth was projected at 8.5% - 9%, while the inflation is expected to cool down to 5% or so for this fiscal,which tell that the govt. is dangerously optimistic.
Overall, the highly awaited event of the fiscal failed to cheer up the market!!
The mid-March policy review by RBI, Libyan Crisis can be the deciding factors of the future market course..
We now look at the budget and its impact on various sectors(Click on the below image):
Although, it failed to be a populist budget , it can be seen to benefit the Banking, Auto, Power, Cement sectors. As seen in the previous budget the focus was more on Infrastructure Development and the much required social causes like Education & Health, which is inline with the objective of intrinsic growth.
The major sectors to watch out for post - budget would b Banking , Automobile, Power generation/ distribution, Cement, Capital Goods.However, other macro-economic factors have to be considered accordingly.
One of the key concern which the budget failed to address the rising Inflation. Also, it failed to directly address the rising crude oil prices. The level of growth was projected at 8.5% - 9%, while the inflation is expected to cool down to 5% or so for this fiscal,which tell that the govt. is dangerously optimistic.
Overall, the highly awaited event of the fiscal failed to cheer up the market!!
The mid-March policy review by RBI, Libyan Crisis can be the deciding factors of the future market course..
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