Quick Note

The maiden #RailwayBudget of the #MODIgovt has been announced and has made clear to all what could be expected from the #UnionBudget on the 10th.

The budget has not been unreasonably populist which we have always been seeing all these years. There were no further fair hikes since one round has already been done.

Very few new projects have been announced. It was a pleasing thing to hear when the minister said, we will announce new projects only if we have the intention to implement them. Hence no more artificial make up’s in the budget.

Announcement of Bullet train was in line with the expectations but is quite significant announcement since it reflects the intent to adoption of advanced technologies!

Overall the budget will augur well for the railways and in turn be good for the economy. We are seeing a correction in the market since the pre-budget rally has to fizzle out now. Once the budget season settles down, investors will start looking at fundamentals again. Look at companies which still have steam left, there are many such companies still in the market which investors can buy with reasonable safety to portfolio’s.

Click Here to stay connected with us. Follow us on all social media’s since the posts on each one of them is at least 80% unique!

***

Top Best Stock Brokers in Chennai India, Stock Market Advisors in Chennai India, Portfolio Management Companies in Chennai India, Speakers on Stock Market in Chennai India, Indian Stock Market Advisors, Stock Market Advisors Chennai India, Stock Market Financial Advisors Chennai India, Wealth Management Companies Chennai India, List of Wealth Management Companies in Chennai India, List of Portfolio Managers Chennai India

Advertisements

Post your Valuable Comments below:

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s