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Nirmal Bang's expectations for various sectors from Union Budget 2020

Updated : 2020-01-23 16:04:52

The union budget 2020 is likely to be a fine balance between counter-cyclical policy support and fiscal prudence, says stock broking house Nirmal Bang.

The Indian automobile sector is going through a rough patch for the last one and a half years, triggered by increasing prices and a slowing economy, Nirmal Bank said.
The Indian automobile sector is going through a rough patch for the last one and a half years, triggered by increasing prices and a slowing economy, Nirmal Bank said.
The brokerage expects some measures to ease the flow of credit to the NBFC sector which may be in the form of refinancing from a government agency.
The brokerage expects some measures to ease the flow of credit to the NBFC sector which may be in the form of refinancing from a government agency.
The government could announce various production linked incentives which could be in the form of subsidy for machinery & equipment, cost of power, labour subsidy, logistics and reduction of land rentals.
The government could announce various production linked incentives which could be in the form of subsidy for machinery & equipment, cost of power, labour subsidy, logistics and reduction of land rentals.
The cement sector is an indirect beneficiary of higher government spending and any measures in the union budget to improve the spending augurs well for the sector, Nirmal Bang said.
The cement sector is an indirect beneficiary of higher government spending and any measures in the union budget to improve the spending augurs well for the sector, Nirmal Bang said.
Job creation initiatives will led to employment and generate demand for the FMCG sector.
Job creation initiatives will led to employment and generate demand for the FMCG sector.
The brokerage expects the government may announce some steps like a committee for the introduction of GST on Gas and reforms in gas pricing.
The brokerage expects the government may announce some steps like a committee for the introduction of GST on Gas and reforms in gas pricing.
Union budgets are more or less neutral for the pharma sector and focus will be on fund allocation towards disease eradication programs.
Union budgets are more or less neutral for the pharma sector and focus will be on fund allocation towards disease eradication programs.
The brokerage expects relaxation of risk weightage norms for the banks to increase lending in the real estate sector.
The brokerage expects relaxation of risk weightage norms for the banks to increase lending in the real estate sector.
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