Budget 2009 India
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SENSEX

13885.25 -285.20

NIFTY

4111.40 -90.75

Reactions

Kurush Grant, ITC

A 1% rise in excise duty across the cigarette industry would be approximately on a base of nearly around Rs 100 crore and that would get passed to the consumer....

Isaac George , GVK Power and Infrastructure

The take out financing which was proposed yesterday in the budget is a very positive thing that has happened and what will happen here is that most of the banks...

Punit Beriwala, Vipul Ltd

The budget is stable for over all economic development but does not offer much benefit to the realty sector. We applaud the new government for proposing a str...

Ninad Karpe, Aptech Limited

The Finance Minister's focus on education in the Union Budget coupled with the reforms proposed by Education Minister will definitely invigorate this sector. <...

Vidur Bharadwaj, 3C Company

The budget is positive for the over all economic development but is not packaged well for the real estate sector.

Though the budget has introduced fr...

Pradeep Jain, Parsvnath Developers Limited

The Union Budget 2009-2010 ensures continuity of policy and resolve to fight the global slowdown. The focus was seen more on agriculture and infrastructure. It ...

Manoj Agarwal, Adhunik Metaliks Limited

It's a growth budget with emphasis on generating consumption and investment by increasing money in the hands of individuals. The Finance Minister has made a bol...

Deena Mehta, Asit C Mehta Investment Interrmediates Limited

The technical correction seen in the market today has been viewed as a negative reaction to the budget. Markets work on expectations, a big event and expectatio...

Joseph Massey, MCX Stock Exchange

The Union Budget proposal for 2009–10 has addressed the key issues to lay a strong growth foundation for India which will go a long way in creating a balanced g...

Pradeep Jain, Parsvnath Developers Limited

The Union Budget 2009-2010 ensures continuity of policy and resolve to fight the global slowdown. The focus was seen more on agriculture and infrastructure. It ...

Chanda Kochhar, ICICI Bank

The growth target of 9% set by the Union Budget is clearly a positive signal especially given the backdrop of weak macroeconomic conditions globally. The budget...

Kumar Mangalam Birla, Aditya Birla Group

There could have been some more visibility around disinvestment and the kind of targets that they have set for the disinvestment process.

The increas...

NR Narayana Murthy, Infosys

I wish there was a roadmap to reduce the fiscal deficit from 6.8% to 3%--the FRBM target. Second I wish he had talked about any mechanism to enhance a foreign d...

Sanjay Sinha, DBS Cholamandalam Asset Management

The budget may not have lived up to the market expectations but it is too much to expect from the new government to pack all policy announcements in a budget th...

Ajit Gulabchand , HCC

India Infrastructure Finance Company Ltd's (IIFCL) funding for infrastructure increased to 60%, which is a positive move. However, the fiscal deficit number of ...

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Auto - 2 & 3 Wheelers  |  Auto - Cars & Jeeps  |  Auto - LCVs/HCVs  |  Auto Ancillaries  |  Banks - Private Sector  |  Banks - Public Sector  |  Cement - Major

Budget 2009

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Nifty struggles @ 4100; cement, oil mkting cos outperform
• 
India to correct more than other emerging mkts: Deutsche Bk

Reactions:

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Kurush Grant » |  Isaac George » |  Pradeep Jain » |  Pradeep Jain »

Stock picks for tomorrow

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• 
Nifty struggles @ 4100; cement, oil mkting cos outperform
• 
India to correct more than other emerging mkts: Deutsche Bk
• 
M Thacker bearish on Tata Motors, Ashok Leyland
• 
GSPL has target of Rs 62-63: M Thacker

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