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Sunday, March 3, 2013

BUDGET IMPACT on VARIOUS SECTORS (SOKHI) Join us for the BLAST in March Series !!

# MNCs stocks slump on FM hiking royalty tax from 10% to 25%

# Metal shares slump on announcement of CTT on all non-agri commodities.


# Realty stocks may slide on announcement of 1% TDS on all transactions above Rs.50 lakh.


# Power stocks slide on announcement of a duty hike on imported coal.


# Rise of excise on SUV a setback for M & M and Tata Motors.


# Excise on leather goods down......a plus for the footwear industry.


# With FM transmission expanding to 294 cities, radio operators like ENIL, BAG, NEXT Media, HT Media, SUN, JAGRAN, TV Today etc. may see an upmove.


# Coal India benefits as FM proposes a PPP model to boost output


# Investment allowance deduction of 15% over and above the depreciation is a great capex booster for the capital goods industry.


# Jawahrlal Nehru Urban renewal Mission proposes to purchase 10,000 buses to benefit Ashok Leyland and Tata Motors.

# Proposal to change the oil & gas policy from profit sharing to revenue sharing will benefit RIL.


# Rs.11,00,000 crore earmarked for infrastructure spending in the 12th Plan will arrest the fall in infra stocks and reason enough to invest in infra schemes of MFs.


# A minor but strategic upside is the expansion of income limit for RGESS investments a step in the right direction.


# A bank dedicated to women.....by the women, for the women and of the women..........empowers women.


# Standard & Poors sees no reason in the budget to lower India's sovereign rating.


# Budget paves the way for lowering fiscal and current account deficit


# Last but not the least, the budget presents the real picture of the economy with practical inferences and draws a roadmap to fare better in days to come. This budget by no means is populist as was being feared in market circles.

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