Business & Investment

Madus Dankera says budget 2021 can positively surprise D-Street, bats for aggressive sale

New Delhi: Market veteran Madus Dankera Said Budget 2021 Even if he believes that taxes on the ultra-rich can increase slightly, the market can be positively surprised. He suggested that the global market is volatile and needs to be closely monitored.

Kera said government I need to elaborate on the details of the divestment target set by FM 2010, Because the government is likely to miss the number of investment cuts in FY2009 as well.



He felt that the sale in 2009 could total 40,000-50,000 rupees against the initial target of 2.10 rupees. He said a two-rupee sale would not be possible without an aggressive sale of shares at the PSU.

“The main reason is Covid, but as a market participant, I’m looking at whether the company intends to sell strategically. These big sales numbers are from the existing public sector. It can’t be achieved by selling a minority stake in a company. Keep an eye on the government’s statements, intentions, and how that is achieved. ”

Prior to budgeting, Kera said one way to reach a higher commitment to healthcare is insurance, hospitals, Pharmaceutical stock.. Kera said she likes all three segments.

“Although the stock price is highly valued, it doesn’t look like a photic zone. It looks like it’s worth it,” he said.

Kera advised investors to consider IT stocks. “Infrastructure, real estate is a forgotten hero with a lot of value,” he said.

Kera said he would be the selective buyer in the current market. “Companies are doing too well,” he said, adding that valuations are not that difficult. “To buy into the bull market, you need to take advantage of the fix.



Madus Dankera says budget 2021 can positively surprise D-Street, bats for aggressive sale

https://economictimes.indiatimes.com/markets/stocks/news/madhu-kela-says-budget-2021-can-surprise-d-street-positively-bats-for-aggressive-divestments/articleshow/80624173.cms Madus Dankera says budget 2021 can positively surprise D-Street, bats for aggressive sale

Back to top button