Key insights
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1
ITC and Titan in Focus: Both ITC and Titan are expected to benefit from the upcoming budget due to anticipated consumer-friendly policies and potential tax reliefs.
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2
Impact on Zomato and Nestle: Tech and consumer food companies like Zomato and Nestle might see gains from budgetary incentives aimed at boosting digital and consumer sectors.
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3
Analysts' Expectations: Experts believe that the Finance Minister's budget could introduce measures that will positively affect stock performance in key sectors.
Takeaways
The forthcoming 2024 Union Budget of India is generating optimism among investors, with several stocks poised to benefit from expected fiscal measures. Companies in the consumer goods and technology sectors, such as ITC, Titan, Zomato, and Nestle, could see positive impacts from the budget's announcements.