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Godrej Properties, Century Textiles, DLF: Chris Wood Launches Greed & Fear's Long-Only India Portfolio; Bets On Real Estate Stocks

Godrej Properties, Century Textiles, DLF: Chris Wood Launches Greed & Fear's Long-Only India Portfolio; Bets On Real Estate Stocks
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Winners and losers: Who got what in India's pandemic Budget

State-run banks
The government announced it was forming an asset management company to take over stressed assets of banks in an effort to clean up one of the world’s worst pile of bad loans. Banks, insurers rose on plans for setting up a bad-debt manager. State Bank of India Ltd., Bank of Baroda, Canara Bank, Union Bank of India, Bank of India and Punjab National Bank could be among the beneficiaries.
Textiles
Sitharaman’s announcement of the establishment of seven mega textile parks to be launched in three years could boost the sector, benefiting companies including Century Textiles Ltd., Raymond Ltd., Trident Ltd. and Arvind Ltd. among others.

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