EXCELLENT BUDGET FOR SHINGING INDIA……
* SERVICE TAX RETAINED AT 10 % POSITIVE FOR THE STOCK MARKET.
* CENTRAL EXCISE DUTY REDUCTION FROM 8 % TO 4 % ON CFL POSITIVE FOR FINOLEX CABLES & HAVELLS.
* POSITIVE FOR PHARMA COMPANIES.
* POSITIVE FOR BANKS.
* POSITIVE FOR INFRASTRUCTURE .. L & T, HCC, IRB, RELIANCE INFRASTRUCTURE.
* POSITIVE FOR GMDC,NEYVELI LIGNITE & MONNET ISPAT.
* POSITIVE FOR TEXTILE INDUSTRIES.
* POSITIVE FOR EDUCATION COMPANIES LIKE EDUCOMP & APTECH.
* BANKING LICENCES FOR PRIVATE PLAYERS LIKE POSITIVE FOR RELCAPITAL, TATACAPITAL, IFCI.
* POSITIVE FOR POWER SECTOR LIKE NTPC,JSW ENERGY,NHPC,ADANI POWER.
* POSITIVE FOR FOOD & AGRO COMPANIES.
AS PER OUR VIEW & EXPECTION…