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Growth triggers still missing in Nirmala Sitharaman's second Budget

Companies which stand to gain the most are rural focused players, gas utilities, building material makers and logistics firms.

Ram Prasad Sahu Hamsini Karthik Shreepad S Aute & Ujjval Jauhari 

The Street was disappointed with the lack of major measures to boost consumption, and shed the most in a single trading session in over three years.

While the Budget largely focused on boosting investments in the agricultural and infrastructure sectors, it did little to alleviate the stress in two key sectors of the economy – auto, which accounts for half of the manufacturing GDP, and real estate, the second largest employer after agriculture. In addition, the lack of announcements to reduce the stress in the non-banking financial sector is also seen to be a headwind for consumption ...

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First Published: Mon, February 03 2020. 01:00 IST
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