Today at 11am, Finance minister Arun jaitley will be announcing general budget for 2016 -2017 in parliament. We are expecting huge volatility in markets during his speech. Stocks and sectors that will have biggest impact will be: Agriculture, Banking, Infrastructure, Metals, Financials and Defence. From agriculture sector we see, Jain Irrigation system (JISLJALEQS) as foremost pick. We are ... [Continue Reading]
Infrastructure Spending may Boost IDFC Revenues: Short term Strategy Buy on Lower Levels
IDFC is amongst the leading infrastructure finance companies, and it was listed on NSE on 12 August 2005, since then the company was responsible for funding the large number of infrastructure projects in the country. IDFC also was one of major company to get beaten by the recession of the year 2008. Also this year (2011) is still not good for the company and we have seen the stock has entered the ... [Continue Reading]