*Key Highlights of Budget 2024 for Stock Investors in India*
- *Infrastructure and Capital Expenditures*: The budget is expected to boost capital expenditures on infrastructure projects, including roads, railways, and urban development, which may benefit companies like Ahluwalia Contracts, KNR Constructions, PNC Infratech, RITES, and KEC International .
- *Agriculture and Rural Development*: The government may allocate Rs 2 lakh crore to the agriculture sector, focusing on expanding income support and insurance schemes, which could benefit companies like Escorts Kubota, Kaveri Seeds, Finolex Industries, and Mahindra and Mahindra .
- *Consumer Goods and FMCG*: The budget may bring tax cuts, expansion in tax slabs, or increase in the limit for tax-saving investments under Section 80C, benefiting FMCG firms like Dabur India, Hindustan Unilever, Godrej Consumer, and Nestle India .
- *Renewable Energy*: The budget is expected to increase investments in renewable energy, focusing on clean technologies and expanding solar and wind power projects, which may benefit companies like Tata Power, NTPC, Inox Wind, and Suzlon .
- *Affordable Housing*: The budget may continue funding for affordable housing and development of new satellite townships near metro cities, benefiting companies like Aavas Financiers, Home First Finance, and Aptus Value Housing .
- *Taxation and Income-Tax Relief*: The budget may bring income-tax relief aimed at boosting consumption for lower-income groups, which could benefit companies catering to these segments .
