Watch farm stocks, automakers, banks as India unveils budget ...Qatar

India’s annual budget will be unveiled on February 1, with expectations that the government will boost spending to reboot an economy that’s forecast to contract the most this year since 1952. Here’s a guide to those stocks that may be most affected by the spending plan. Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects – which tend to support low-income earners – hold the key to unlocking demand for goods and service. Expectations are high, according to analysts at Citigroup Inc including Surendra Goyal, as “the government has so far desisted from any major stimulative measures to boost growth post Covid.” Spending could increase by 9

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Watch farm stocks, automakers, banks as India unveils budget ...Qatar

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