Budget 2015: Gainers And Losers

By siliconindia | Tuesday, 03 March 2015, 13:20 Hrs

#Steel

With the steep increase of 5 percent in the import duties on steel, the local steel manufacturers like Tata Steel, Jindal Steel and Power, Steel Authority of India and JSW Steel are going to be on the top shares in the market.

# Private Banks

The budget scheme brings no differences in the Foreign Direct investment and Foreign Portfolio Investments. The private lenders like Yes Bank and financial institutions like Axis Bank are expected to lure maximum benefit out of it.

LOSERS

# Cement

The government allots tax breaks such as a reduction in excise duties and incentives like increased investment allowances to encourage growth in particular industries.

This has indirectly affected the stock price of the cement industries like UltraTech Cement, Ambuja Cements and Star Ferro and Cement.