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Not only would a focus on infrastructure aid the demand for steel, it would also help reduce logistics costs. TV Narendran also hopes that the government will focus on ease of doing business in Budget 2024.
According to a Moneycontrol survey, economists see the interim Budget targeting a capital expenditure of around Rs 11.2 lakh crore for 2024-25.
Bear put spreads, calendar spreads and iron butterflies are some of the strategies recommended by analysts. One analyst advises traders to enter into trade during the last hour of the market during budget day
While the government does not present an Economic Survey prior to an interim Budget, which is only a vote-on-account ahead of the Lok Sabha elections, Moneycontrol had reported in November 2023 that the finance ministry would publish a 'concise' document detailing the state of the Indian economy.
Interim Budget: Healthcare advocates for direct funding to government hospitals, MSMEs eys enhanced production incentives. Maritime sector's key demands includes comprehensive financing policy