Stock Market Strategy for Budget 2024: Expert Insights and Recommendations
The upcoming Union Budget 2024 has sparked interest and speculation in the Indian stock market, despite recent dips due to global market tensions. Experts are advising investors to remain strategic and seize the opportunity for growth.
Sugandha Sachdeva, Founder of SS WealthStreet, predicts significant reform measures in the budget, focusing on sectors like agriculture, infrastructure, healthcare, and more. Avinash Gorakshkar, Head of Research at Profitmart Securities, suggests looking at companies with strong CAPEX history and reduced debt for potential investments.
While cautioning investors to stay informed and cautious, both experts recommend specific stocks to consider before Budget 2024. Sugandha suggests buying SBI Card, Oberoi Realty, RITES, KPIT Tech, and HBL Power with detailed price targets and stop losses.
As the market awaits the budget announcements, investors are advised to consult certified experts before making any investment decisions. Stay tuned for more updates on the stock market strategy for Budget 2024.