stock to buy after budget 2023,best 17 stocks for buy today .

 

Best stock for buy after budget 2023

As per we know that the budget of india was announced. As per the budget we select sum stock that as per resource has a high possibility of makes good retune in this year

 

As per the government of india decided to spending capex target up by 33% to 10lakh crore means in this year we see a good up trande in such sector.

                                                But another prospective is that as per the budget in such sector will be slow down.as per the economic survey the growth of india is go slow .the expected Growth is around 6 to 6.5% in a year .

                                                       In last year the effect of rate high is successful in this year the rate of inflation is around 6%. So it’s a another good news for the Indian market .

In the fast half of the 2023 and the last year 2022 the export was growth.

Fiscal deficit

As  a example the government announce to spent 10cr in a particular sector but government has only 8cr so the for that extra 2cr called as fiscal deficit .for full fill that amount government get sum lone from banks.

                                                      India targets to fy2024 fiscal deficit at 5.9% which is a good number .another good think is government announce that the pan card is use as common identifier .because gov want to more people do business .

Gov sets disinvestment target is around 51000crore for the next financial year.

First sector

The highlight of this budget is that the more money spend in manufacture sector .because when the business is form the more the job will be form .

So the fast sector is cement sector

1.acc cement

2.ultratech cement

3.shree cement

Second sector

Capital good sector

1.northon

2.cumi

3.GMM pfaudler

Construction stock

1.l&T technology service

Try to invest in pants and ware sector its also has a high chance of high growth.

Rail sector

In this year gov announce that the capex is around 2.40 lakh core and gov announce that 500 new bharat bande train will be lunce.

1.IRCTC

2.RAILTAIL

3.IRFC ( INDIAN RAILWAY FINACE CORPORATION)

Agriculture sector

In this year gov announce that credit target will be increased by RS 20lakh crore an a initiative that will be benefit for our farmer which is 11% more than the current year .

                                                          In this year gov focus on natural farming or organic farming .

 

Stock are

1.goorej agrovet

2.kaveri seeds

3.DCM SHRIRAM

Suger stock

1.praj

2.pparrys

Artificial intelligence

1.hcl tech

2.TATA ELXSI

3.KPIT

HOUSINIG FINACE

1.AAVAS

2.CAN FINHOMES LTD

TORISUM

1.IRCTC

LAB GROW diamond

Lab grow diamond is a new concept so no direct stock are listed ,and this diamond has a high diamond and it will be grow in future ,and its all so environment friendly .

1.titan

Negative result for stocks

Tax relief is upgrade to 5 lakh to 7 lakh so it will be put negative emfact on insurance sector like LIC ,HDFC life