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Monday 15 January 2018

Indian Stock Market Has Reached Record High



Before the budget, the Indian stock market has reached the record high. Experts believe that a correction can be found in the high valuation market. Looking at this, the investors have become slightly conscious. Investors are not able to understand where they invest. We are talking about 10 stocks which can have a positive impact on the budget and in the long term you can be expected to get a good return.

Market will remain friendly

Jagdish Thakkar, director of Fortune Fiscal, believes that the rural area has less support compared to the urban areas and its impact can be seen on the budget of 2018. In such a situation, the finance minister's focus could be on rural infrastructure. The budget market will remain friendly.

Focus on increasing the job will be budget

Sandeep Jain, Director of Trade Swift Broking, says that the focus of government in the budget will be on increasing the number of jobs. For this, the Finance Minister will give something to Textiles, SEZ sector in the budget. The largest labor force in these sectors and getting them in the budget will open new jobs.
Thakkar said that Finance Minister can give some incentives to the companies that increase their jobs. In 2018 and 2019, 8 states have to hold Lok Sabha elections. For this reason, the government can present a populist budget.

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