Union Budget 

Sectors to watch out :

Defence Sector could get an order boost

With rising geopolitical uncertainty and skirmishes at the border, India is likely to increase its defence outlay

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Housing sector could see an added tax boost

Expansion of the Section 24 limit for home loan interest from Rs2 lakhs to a higher limit of Rs 4 to Rs 5 lakhs

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Government may allow consortium lending even in case of co-lending so that smaller NBFCs can also participate

Financial companies to benefit in multiple ways from the budget

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Automobile sector looks for an EV boost

Government can give a push to the EV business that can reduce the upfront cost of ownership

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FMCG to get benefit from the Union Budget 2023

A revival in rural demand can be a major positive for FMCG and other customer facing stocks

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