DSIJ Mindshare

Change is inevitable and necessary part of life and when it comes to the stock market, change is also the most important event. In 2017, the buzzwords were budget, bull run and all-time highs, while now its uncertainty, elections, trade-war, etc. 

The stocks that are likely to witness significant movement on the bourses on February 6 are Tech Mahindra, Lupin, India Power Corp, Kirloskar Brother’s and Jubilant Foodworks. 

The historical stock market ride ended in September and the NBFC Crisis was the main reason for it. The crisis did not just affect the sector but also hit market sentiments on a broader level.

The company's SPV won an arbitration award against NHAI amounting to Rs. 192 crore. The company had made a total claim of Rs. 408 crore plus interest. 

The Union Budget presented last week is considered a populist budget by the street has welfare schemes announced by the government means additional spending. One major concern is that 13 per cent higher spending figure in addition with rural focus may increase fiscal deficit.