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IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

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4 min read Last Updated : Jan 31 2024 | 12:47 PM IST

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The markets have witnessed a roller-coaster ride so far this week ahead of the presentation of 'Vote on Account' also known as 'Interim Budget' on Thursday February 01 owing to the general elections later this year.

The finance minister Nirmala Sitharaman has so far hinted that there won't be any big-bang announcement in the Budget proposals to be placed tomorrow.

However, given government's commitment towards infrastructure growth, analysts believe that the sector could get further capex boost in the upcoming Budget.

In a recent interview to Business Standard, Railways minister Ashwini Vaishnaw, said the government is considering investments

Topics : Market technicals Market Outlook infra stocks Indian Railways Trading strategies Larsen & Tourbo L&T IRFC IRCTC Rail Vikas Nigam

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