'Bold' budget to bring focus back to traditional sectors: Analysts

Brick-and-mortar segments such as construction, cement, metals get an infra-nudge; positive rub off for banks too

The Budget for FY22 scores high on many counts, if the Sensex’s 5-per-cent jump is any parameter to go by.

Not only has the finance minister taken the responsibility of government spending, but has also indicated to investors that a comeback for traditional brick-and-mortar sectors — infrastructure, metals, cement and allied manufacturing pockets — is on the cards.

This is a stark deviation in stance marking the re-entry of infrastructure spending-led growth, as against consumption-driven growth for the past 10-12 years. Some experts say we may have gone back in time for good. The last time the Sensex rose over