Infra, real estate to get attention in the new Budget

Union Budget has always been an event when to expect volatility to expand with perception to safeguard the portfolio and hedge the overall risk in the market as we see a lot of activity in the derivatives. This Budget is no different than previous but the fact remains it is coming in an Election year. Definitely, it is believed the coming budget will be about giving benefits that make an impact, at large. Since there are many things to do so as the current environment is favorable. The low inflation environment, GDP growing with a rate above 7 per cent, higher FDIs and on the top of it, a contained fiscal deficit. This certainly gives extra space for the budget to be populist. Construction, infrastructure, real estate & housing, at large are likely the sectors that are going to see special attention in the 2019’s Budget since that has been the trend for last few years in present government. Water and sanitation along with a focus on rural projects will be seen. Fertilizer, as an industry, may see some good news since a lot of focus will be seen on improving the present circumstances in the agricultural sector. These sectors are driven, mainly based on government policies and rely on the subsidised and favorable environment.