BPCL, Tata Motors among top stocks to watch: Interim budget 2024

Live updates on Budget 2024 stock market expectations: Finance Minister Nirmala Sitharaman is set to present an interim budget on February 1, amid the upcoming general election in April-May. As anticipation builds, investors are eyeing top stocks, eager to gauge potential impacts and opportunities arising from the government's fiscal measures.

BPCL: Shares jumped over 4% after reporting good Q3 numbers. The stock has shown notable growth over the last 5 days and the last month.

Logistic Sector Expectations: Experts emphasize the need for improved last-mile infrastructure in the growing Indian e-commerce market.

Railways and Defence: Jefferies speculates on post-election measures, anticipating higher capital gains tax and increased disinvestment, with optimism about the capex cycle.

AI Sector Expectations: Anticipation for a budget that propels AI research, development, and adoption, fostering innovation and global competitiveness.

Rajratan Global Wire: Sustained positive returns in the last year despite mixed short-term results.

Fiem Industries: Gained over 20% in the last year, showing consistent positive momentum.

Pricol: Impressive returns of more than 2% in intra-day trade and robust performance over the last year.

Bajaj Auto: Gained over 80% in the last year, demonstrating positive returns across various time intervals.

Tata Motors: Top-talked stock in the EV segment with consistent positive returns in the last year.

Exide Industries: Gained over 1% in intra-day trade and delivered consistent positive returns across various time frames.

TVS Motor Company: Gained more than 1% in intra-day trade with positive returns across multiple time frames.

Expert Expectations for EV Sector: Anticipation for budget measures supporting the surge in electric vehicle demand in India.

Jupiter Wagons: Recent performance shows a 1% gain in the last 5 days and nearly 22.85% in the last month, with impressive medium and long-term returns.

Titagarh Rail Systems: Notable increase in the last 5 days and substantial growth in the last month, with exceptional medium and long-term returns.

Texmaco Rail: Over 10.11% gain in the last 5 days and almost 17% in the last month, showing impressive medium and long-term returns.

Stay tuned for more live updates on stock market expectations ahead of the Interim Budget 2024.