The three big events – state elections, the Reserve Bank of India’s mid-quarter monetary policy review and the presentation of the Union Budget for FY13 – that the markets were waiting for are over. Finance Minister Pranab Mukherjee may not have bitten the bullet on fiscal consolidation, but he has taken a slew of measures across sectors – be it infrastructure, metals, power, capital goods or banking – to revive flagging growth and investments. Given that the market remains wary over the economy’s fundamentals, stock picking will play an important role in determining returns this year.
To make life easier for investors, Business Standard, in association with CARE Research, picked the top 20 stocks that will be impacted by the Budget proposals. These 20 stocks have been chosen from India’s top 100 companies by market value. Also, experts from India’s leading research houses give their verdict on six key sectors of the economy.(Click here for pdf)
Methodology
To arrive at the 20 stocks, the BSE 100 companies were considered as the universe. The largest companies in terms of net sales within a sector that were impacted, either positively or negatively, were considered. The company financials were taken from Capitaline, while the price data was taken from BSE
