Budget 2024 | D-Street experts predict ‘heightened volatility’, suggest caution on profit-booking if Nifty hits 25K

Budget 2024 | D-Street experts predict ‘heightened volatility’, suggest caution on profit-booking if Nifty hits 25K

Budget 2024: D-Street veterans and several brokerages have predicted that the upcoming Union Budget 2024 might bring volatility in the Indian stock market after the sentiment has turned bullish since June-end. The return of foreign fund inflows resumed in Indian markets and as investors priced in stability with the Bharatiya Janata Party (BJP)’s return to … Read more

Budget 2024: Infra thrust to push railways’ capex by 76% in 5 years; IRCON, NBCC among top picks

Budget 2024: Infra thrust to push railways' capex by 76% in 5 years; IRCON, NBCC among top picks

While unveiling the Interim Budget 2024 on February 1, Sitharaman announced an 11.1 per cent increase in capital expenditure (capex) for fiscal year 2024-25 (FY25), raising the allocation to ₹11.11 lakh crore to develop infrastructure projects. The infra-capex allocation was double the allocation 10 years ago. The key infra sectors including railways, road transport, and … Read more