Pre-Budget Info 2010 By Paras K.Ghelani(PG)
Paras Ghelani
Dear Friends, Investors & Group Members,
World's biggest democracy India's budget is going to be announced from the bags of Shri Pranav Mukherjee, finance Minister. Common people of India, Media, Industrialists of India & abroad, FII's, Inst.Investors, Mutual Funds, HNIs, all are looking towards Shri Pranav Mukherjee. Whole World's Big Financial Heads are keenly waiting for our india’s central budget,cause U.S. and Euoripean Economies are struggling against fear of their weak economy and industrial slowdown, Where as Emerging Markets like India, China,Brazil, Russia are doing good since last 4-5 Years.
All previous 3-4 budgets were super-duper budgets for all common people, Industrialists, Economy,Development & also for the Stock-Market. This year also, people from all over India & abroad hoping for repetation of history. Even I also believe that Central budget would be as good as Dr. Manmohansingh's image. Simultaneously he has to take care of High Inflation,High Food Inflation,Fiscal Deficit, Rising Crude Oil Prices, Slowing Economic as well as Industrial growth, Further push to Agriculture growth so as to achieve agri sectors targets,Volatality of Foreign Markets & its effect on indian economy,market, Higher price of Dollar & commodity may increase import cost of India as well as slow down for exports, Tax-payer's Expactations, Liquidity Flow Control, Interest Rates and Keep GDP Growth above 8 in coming years & Stimulus package given...etc.
This time finance minister will get the full support of Prime minister who himself was a finance minister & was the promoter of the Economic Reforms. Mamta's Rail Budget is going to favourable. It seems that, this Central Budget is also people, Investor,Industry & Market Friendly. But FM has to take care of Tax plannings, Inflation, Economic Reforms, PSU Disinvestments, Employment, Fresh investments, Support to Indian industries for development & growth in India & abroad & Stimulus package already given. Many Sectors are Waiting for good announcement. Many sectors are struggling against severe competition, so that sectors really needs to boost up and some good relief in taxation. Last few figures of Economic data, Industrial Data was really good & Tax Collection data is coming out with mind blowing figures...Record Break tax collection which fullfills Finance Minister's last year budgetary expactations. But if this is due to stimulus package given to them ??? & if yes ……then if in this budget what to do with that stimulus package…??? Continue or ???
This year’s budget will be well balanced,likely to focus more on Employment, Rural Development, Agriculture growth, Infrastructure Growth.Coming Budget can be called as " Comman-Man Budget "....
In coming budget following Industries likely to gain on good announcement from the FM. Keep a close eye on stocks belonging to these sectors. Undoubtly this year budget is likely to focus more on common people,Farmers cause of FM has to take care of Smt. Sonia Gandhi's & Congress’s promises given to public in last elections.
Here are the few hot scripts sector wise. If these sectors related news is positive then these companies will be in lime light & may create firework in coming days.
Sector : Co.’s Will Be benefited if Good Announcement :
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Oil and Gas : |
Essar Oil, RIL, MRPL,Petronet LNG |
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Infrastructure : |
Sobha Develop, GTL Infra, Jai Corp,BL Kashyap |
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Disinvestment : |
Hind Copper,RCF,NFL,NMDC |
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Power : |
JP Power, R Power, Suzlon, Websol, Torrent Power, NHPC |
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Telecom : |
Bharti Tele, GTL Infra, Onmobile, MTNL |
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Aviation : |
KFA |
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Banking : |
J& K Bank, ICICI |
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Pharma : |
Anu lab,Nutraplus, Sandu pharma,Wanbury |
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Biotech : |
Jupitor Bio, Mediaman Bio |
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IT : |
Aftek Info, TCS, Satyam, Glodyne, Hexaware |
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FMCG : |
Godrej Industries, Godrej Consumer |
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Oil Exploration : |
Hind.Oil, Assam Co.,Dolphin Offshore |
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Fertilizers : |
RCF,NFL |
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Gems & Jewellery : |
Rajesh Export,Gitanjali |
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Finance : |
IL&FS,Tata Invest, TFL, Ind.Lease Development |
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Mining & Minerals : |
Hind.Copper, RNRL, Kachch Mineral, NMDC |
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Metals : |
Tisco, Hindalco, Jai Corp |
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Retails & Textile : |
S Kumar,LS Ind,Timex,Super Spinning, Provogue, Century Textile, Sulzer |
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Chemicals : |
ASCL,Vikram Thermo,Nutraplus, Hikal |
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Hotels & Tourism : |
Hotel Leela |
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Insurance & Housing Finance : |
LIC Housing, Ind. Lease Development, ICICI |
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Sugar : |
Riga Sugar,Bajaj Hind., |
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Engineering : |
Batliboi,Elecon Engineering |
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Irrigation : |
Rungta Irrigation |
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E-Governance & IT Education : |
Everon,NIIT,Aptech,NIIT Tech |
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Auto : |
Bharat Forge, GS Auto, Maruti, Telco, M&M,Mazda |
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Tea : |
Assam Co. |
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Pesticides : |
Bayer Crop,Monsanto |
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Plastics : |
Rungta Irrigation,Nilkamal |
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Printing & Stationery: |
Navneet Publications
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Also Keep Eye on, Sturdy Ind, K.Serasera, FDC,Premier Explosive,Panasonic Carbon,Saint Gobain, SKF, Avon Organic, Alphageo, Marksons, CHD Develop, Thinksoft, Ispat, Century Enka, Manglore Chemical, Austral Coke,Karuturi Global, Era Infra, Asahi Infra, ATN Inter,Birla Erricson,Ferro alloys,Hind Motor,ITI, Kriti Ind.,Ras Propack,Calcom Vision,Noble Explos,Onward Techno from respective sectors.
We may see Solid value buying in next week in many of the sector & stocks before budget. So take a print out of this list & have a close eye.
Please Note that, all sectors & scripts mentioned in this article is purely our personal opinion only. Take decision of investment at your risk & at your end.
May u all get profits in all scripts u have or u r going to trade.
With Best wishes & regards,
Paras K.Ghelani(PG)
Mobile :090990 10827
Yahoo ID : smile_starter_for_u
Research Analyst.
Jamnagar, Gujarat.(INDIA)