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The recent Budget 2024 presented by the Modi government has generated significant interest and analysis within the financial community. The Budget incorporated both anticipated and surprising measures, sparking discussion about their potential impact on the Indian economy and the stock market. While certain aspects like capital expenditure and the fiscal deficit target remained consistent with previous years, the Budget introduced notable changes in tax policy, potentially influencing market sentiment.
The Budget also contained initiatives aimed at stimulating growth across various sectors of the economy. This focus on sector-specific development has led to speculation about which companies will benefit from these measures. As a result, analysts have begun to identify stocks from different industries that are predicted to experience growth in the near term. This analysis is based on the belief that the government's policies will have a positive impact on these specific businesses, leading to increased profitability and shareholder value.
The Economic Times Video has compiled a list of 30 stocks that are considered to be well-positioned to benefit from the initiatives announced in the Budget. This list represents a diverse range of industries, indicating the broad-based potential for growth that the Budget aims to foster. The inclusion of these specific stocks reflects the belief that they are strategically aligned with the government's agenda and possess the qualities to capitalize on the favorable economic environment anticipated in the coming months.
Source: 30 stocks poised to benefit from FM Sitharaman's announcements - The Economic Times Video