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Monday, March 4, 2013

BUDGET IMPACT on VARIOUS SECTORS (SOKHI) Join us for the BLAST in March Series !!

# MNCs stocks slump on FM hiking royalty tax from 10% to 25%

# Metal shares slump on announcement of CTT on all non-agri commodities.


# Realty stocks may slide on announcement of 1% TDS on all transactions above Rs.50 lakh.


# Power stocks slide on announcement of a duty hike on imported coal.


# Rise of excise on SUV a setback for M & M and Tata Motors.


# Excise on leather goods down......a plus for the footwear industry.


# With FM transmission expanding to 294 cities, radio operators like ENIL, BAG, NEXT Media, HT Media, SUN, JAGRAN, TV Today etc. may see an upmove.


# Coal India benefits as FM proposes a PPP model to boost output


# Investment allowance deduction of 15% over and above the depreciation is a great capex booster for the capital goods industry.


# Jawahrlal Nehru Urban renewal Mission proposes to purchase 10,000 buses to benefit Ashok Leyland and Tata Motors.

# Proposal to change the oil & gas policy from profit sharing to revenue sharing will benefit RIL.


# Rs.11,00,000 crore earmarked for infrastructure spending in the 12th Plan will arrest the fall in infra stocks and reason enough to invest in infra schemes of MFs.


# A minor but strategic upside is the expansion of income limit for RGESS investments a step in the right direction.


# A bank dedicated to women.....by the women, for the women and of the women..........empowers women.


# Standard & Poors sees no reason in the budget to lower India’s sovereign rating.


# Budget paves the way for lowering fiscal and current account deficit


# Last but not the least, the budget presents the real picture of the economy with practical inferences and draws a roadmap to fare better in days to come. This budget by no means is populist as was being feared in market circles.


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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.