Union Budget 2015-16 India Suggestion : Watch out for 15 stocks as Jaitley reads out speech

Bulls look super enthusiastic for Arun Jaitley’s Budget FY16 to be presented tomorrow. Just a day before the Budget, the Sensex ended up 473.47 points or 1.6 percent at 29220.12 and the Nifty was up 160.75 points or 1.8 percent at 8844.60. PSU banks lead the upmove while HDFC Bank twins, ICICI Bank and Axis Bank were top gainers in the Sensex.

Among the losers were ITC, GAIL, Wipro and HUL. So, here are 15 stocks to keep an eye on

Housing for all and relaxation on personal taxation slab

Real estate cos: HDIL , Unitech , Puravanakara , smaller real estate players

Tax claity on REITS

REITs may be exempt from DDT/MAT and long-term capital gains exemption for sponsors Stocks: DLF , Prestige , Adani Ports Banks Clarity on holding co structure for govt. banks, Re-capitalization of government banks

Oil & gas

Custom duty hike of 2.5-5 percent expected: Positive for ONGC , OIL ; Negative for OMCs FY16 subsidy figure over Rs 35000 crore: Positive for ONGC, OIL


Excise duty hike up 10 percent factored in Lowering or no increase in 64 mm cigarettes

Titan/ jewellery cos

Cut in gold import duty: Positive for Titan

Power sector

Subsidy, tax exemption for stranded gas assets: Positive for GMR Infra , Lanco Infra , GVK

Renewable sector

Renewable energy focus area, an eye on funding kind of structure like REIT or tax accelerated depreciation.

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