Market Outlook after Budget 2025: Capital Goods, Money from Industrials will now go on consumption shares. This is to say that Head of Research Gautam Duggad (Gautam Duggad) Of. Where should one focus in the market after the budget? On this, in a special conversation with CNBC-Awaaz, Gautam Duggad said that the government is changing its priority in the budget. The government’s focus is now on increasing consumption. Because there has been a lot of weakness in consumption for the last 3 years. The government must have received feedback to decrease consumption. Due to which the government has changed its priority in the budget. This budget is not an election budget but public budget. The government’s allocation has increased by 31% since 4 years.
Gautam Duggad said that in the upcoming budget, the focus of the government can remain on increasing consumption. This is the reason why the multiple of Capax will be seen slowly decreasing. And the conjunctivity which has been deleted for the last 4 years will be accelerated. India’s top 20 mutual funds are overweight in the Industrial of Capital Goods. Out of that, 16 funds are underweight at the conjunctivity. Due to which the ownership will also be rebelled.
More consumer designs, QSR shares will benefit from staple
Gautam Duggad further said that money from Capital Goods, Industrials will now go on consumption shares. More consumer desiration, QSR shares will benefit more than staples. He said that there is still a bullish attitude on the descending companies. Our attitude on the shares of Trent, Titan, Indian Hotels, Page Industries, Metro is overweight. At the same time, our underweight on the staple is underweight.
Government did not divert its attention from financial deficit
In this conversation, Gautam Duggad further said that the financial deficit has been much less than Kovid. The government has never diverted its attention from the financial deficit for the last 10 years. Due to which the credibility of macro economy has been very strong. Focus from fiscal consolidation is very good for long term. The government has promoted conjunctivity and has slightly modeled Capex. While doing all this, the Finance Minister has kept in mind that the budget remains bilivable.
Bulish attitude on auto also
Gautam Duggad said that Maruti, M&M, TVS Motor But his perspective is Bulish. Maruti Suzuki’s share came out of portfolio 2-3 years ago and added M&M. Maruti Suzuki has become quite attractive in terms of valuation.
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