Budget 2022: From infra to pharma sector, here are stocks that may benefit

Construction spending, including on roads and ports, as well as incentives for electric mobility and renewable energy are likely going to be a focus in Nirmala Sitharaman's budget speech

Infrastructure, rural development and health-care stocks are among analysts’ top picks as India’s government is set to step up spending in a budget aimed at kickstarting investment to boost growth.

Construction spending, including on roads and ports, as well as incentives for electric mobility and renewable energy are likely going to be a focus in Finance Minister Nirmala Sitharaman’s budget speech on Tuesday, as policy makers seek ways to help the economy out of the malaise left by the pandemic.

With India’s equity benchmark tumbling amid the recent global selloff spurred by concerns over the Federal Reserve’s imminent rate hikes,