• SENSEX
    NIFTY 50
VIDEOS
Market

Budget 2020: Hope government does enough from stimulus standpoint to boost demand

Updated : January 16, 2020 03:14 PM IST

All eyes are on the Union Budget that will be presented on February 1, 2020. People and industry have started talking about their expectations from the government with focus on growth.

Arvind Sanger, Managing Partner of Geosphere Capital Management when asked about his big budget trade told CNBC-TV18 “I like domestic demand so I don’t have a specific sector that I can point to that I am counting for any magic from the budget. I am just hoping that the government will continue to do enough from stimulus standpoint. One of the things we can hope for is some tax relief for consumers, which could help some of the consumption related companies.”

“However, consumer stocks are not cheap so we are trying to find indirect ways to benefit from consumption story and one of the areas that could benefit is auto, auto parts although some of those stocks have moved,” he said, adding that in general they do not have a big budget specific trade other than counting on more help for domestic demand.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement