Page 34 - Axis Securities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Naveen Kulkarni says, PSUs and Capex-oriented sectors are likely to benefit the most from Budget 2024. PSUs will see lesser supply from the government, and consistent growth in government capex will drive an uptick in capex-oriented sectors. There will not be many tweaks in portfolios, but focus should continue to be value MFs, with some emphasis on large-cap schemes as small caps are getting into an overheated zone.

The RBI Monetary Policy outcome could create minor volatility in the market on February 8, according to analysts. And, hint of a rate cut in near future from Governor Shaktikanta Das may set off a fresh rally in equities

India VIX, the fear gauge, remained elevated at 15, suggesting that consolidation is likely to persist in the near future

Real estate players are looking forward to the monetary policy reversal, as the sector is heavily affected by any interest rate movements.

It noted that PI has spent a total of Rs 763 crore (Pharma acquisition of Rs 497 crore) and plans further Rs 800 crore investments in new capacities. The company also has committed Rs 80-100 Cr annually to upgrade Pharma facilities and develop technological capabilities