Budget Video

Union Budget 2013: Focus on key projects to perk sentiment says Nilesh Shah

With the country's biggest macro event, the Union Budget, just a few days away, experts are hoping the Finance Minister, P Chidambaram, makes all the right moves to boost market sentiment.

See signs of pre-Budget buildup in market: Udayan

Today was a bit of a surprise towards the afternoon because it looked like one would have to just write off the day as another flat session. However, then Europe started picking up in the last one hour of the session and the market seemed to have found some steam led by many of the large-cap names

Budget should boost mkt; bet on M&M: SP Tulsian

SP Tulsian of sptulsian.com feels that the non-expectation from the Budget there so no major pre-Budget rally in the market. "Budget should give a fillip to the market," adds Tulsian.

Economic slump puts growth on politicians' minds

Watch on CNBC-TV18 a discussion among experts at the Citi-MIT Sloan convention moderated by Naazneen Karmali, India-editor, Forbes Asia concur that the need to boost economic growth has attained centrestage for electorates across the country in the last year before the general elections in 2014.

India's first infra debt fund launched

Infradebt, India's first infrastructure debt fund (IDF) is set to kick-start its formal operations. Finance minister P Chidambaram on Tuesday handed over the license to the fund's promoters including ICICI Bank, Bank of Baroda, Citibank and Life Insurance Corporate of India.

Food security, PFRDA bills slated for Budget session: Nath

The government has geared up for the Budget session of the Parliament. Parliamentary affairs minister Kamal Nath today outlined the agenda for the Budget session.

Cane pricing reforms key, but unlikely soon: Sakthi Sugar

M Manickam, MD, Sakthi Sugars, say that he expects action on levy removal and release mechanism in next 15 days. A reform in cane pricing is a key, but it is unlikely in the near term.

Titagarh Wagons eyes biz growth through demerger, says MD

Titagarh Wagons has planned to merge its heavy earth-moving and mining equipment division with a 100 percent subsidiary, Titagarh Cranes. Umesh Choudhary, MD of Titagarh Wagons told CNBC-TV18, it would help the company grow this segment on its own accord.

Don't see structural rally post Budget: Edelweiss Sec

The finance minister has already outlined the broad contours of Budget 2013 and since there is no surprise element left, Vikas Khemani of Edelweiss Securities doesn‘t see a structural rally in the market once the event plays out.

Mkt may correct; bullish on equities post Budget: StanChart

Steve Brice, Chief Investment Strategist at Standard Chartered Bank feels although, there is a shift towards volatility, markets may not correct more than 5 percent.

See no change in auto excise structure in Budget: Hero Moto

Sunil Munjal, joint MD of Hero Motocorp and Chairman of Hero Corporate Service said he doesn't see any change in excise structure in the upcoming Budget.

Budget alone won't revive infra; buy Glenmark, Lupin: Kotak

This time there would be pressure on the government to raise taxes, which will impact earnings and companies, Sandeep Bhatia, executive director and head of sales, Kotak Institutional Equities told CNBC-TV18.

See no Big Bang moves in Budget; bullish on market: Damani

In an interview to moneycontrol.com, Ramesh S Damani, BSE broker says that key things the market will be eyeing are tax changes, progress of UID, fiscal consolidation and NREGA spending.

Nifty ceiling at 6K, carry shorts till Budget: Sukhani

Sudarshan Sukhani of s2analytics.com said that In front of the big news event, the market can do anything for two-four days if something unusual happens.

Investors will be cautious till Budget: Udayan

It has been a quiet start to the week, with the US markets shut overnight and the earnings season over, and it looks like this trend is going to continue till the Budget next week.

Budget 2013-14: Brokers plea FM to rejig STT

It's budget month and just like last year, this year too, speculation is rife about the fate of the controversial securities transaction tax (STT). At their end, capital market participants want the FM to have a relook at the rate of STT to begin with. CNBC-TV18‘s Sajeet Manghat and Archana Shukla report.

See revenue of Rs 1700cr from monolithic business: Sintex

Sintex industries, manufacturer of plastic pallets, water storage tanks, doors, windows and solar water heaters saw margin recovery across all key segments in the third quarter.

Budget 2013: NIPFP's Ajay Shah prescribes 3-point plan to fix economy

Ajay Shah, Senior Fellow, National Institute of Public Finance and Policy (NIPFP) feels that though the India growth story does not look so good with the economy entrenched in a scenario of high inflation and low growth, and quarterly results of most firms not so healthy, the Budget could be a game changer.

Budget to focus on policy moves; investors buoyant: Kotak

S Ramesh, Joint MD, Kotak Investment Banking believes the upcoming Budget would be focusing more on directional moves at the fiscal side. According to him, these moves would ensure continuous foreign flows to the capital markets

Budget may focus on reviving equity inflows: Kotak Mah Bank

C Jayaram, Joint MD of Kotak Mahindra Bank feels that though the market is optimistic about the Budget as of now given the promises made by the government in the last few months, it will be watching the Budget closely to see if the finance minister will deliver on these commitments.

Positive on oil sector post recent reforms: Kotak Equities

Focusing on the recent spate of reforms in the oil sector implemented by the Government, Sanjeev Prasad, executive director, Kotak Instituitional Equities, says sentiment impact of the reforms is far more than immediate earnings impact.

See limited room for monetary easing: Subbarao

With the Union Budget just a few days away and January's inflation standing at 6.6 percent, RBI Governor, D Subbarao says that while there is a room for monetary easing over the next few months, it will, however, be limited.

Pre-Budget breather likely by diesel hike: Udayan

There are eight trading sessions to go before the Union Budget. So if there is going to be any pre-Budget activity or flurry in the market, this is the time for it, one way or the other.

Not just Budget, mkt also watching FII inflow: Udayan

Union Budget 2013 will be closely watched as this would be the present UPA Government's last full Budget before general elections. This Budget would be presented by P Chidambaram, who returned as head of the Finance Ministry after a gap of about four years.

Combat CAD by making exchange rate flexible: Bimal Jalan

At a time when India's increasing current account deficit(CAD) has become a point of concern for all economists, former Governor of Reserve Bank of India, Dr Bimal Jalan says making the exchange rate flexible could be a solution to easing the CAD.

Budget can't solve infra, cap goods woes: Vibhav Kapoor

The market and the people have been expecting a lot from the Budget both in terms of policies and reforms. Vibhav Kapoor, Director, IL&FS thinks that the Budget is overhyped.

Sukhani recommends trading 3 largecap stocks

The markets are setting themselves up for a much deeper correction, believe Sudarshan Sukhani of s2analytics.com. He told CNBC-TV18 that the first target for this down trend is 5780-5800.

Baliga's tips to play SBI, TaMo, Tata Steel, DRL

Independent analyst Ambareesh Baliga sees a rangebound Nifty in the days to come before Finance Minister, P Chidambaram announces the Union Budget 2013.

Nifty may run 200 pts next week; which stks should you buy?

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says that though the past two weeks have been dull and no major rally has been seen in the market, the last two weeks in the run up to the Budget may see some good rally.

Govt may hike indirect taxes to pre-crisis: BNP Paribas

The government may hike some of the indirect taxes to the pre-global financial crisis levels, feels Anand Shah, Chief Investment Officer, BNP Paribas Mutual Fund.

Budget 2013: Market closely watching borrowing figure, says Edelweiss

The market will be closely watching the government‘s borrowing figure for the next fiscal as that will be critical to reviving the corporate investment cycle, says Nitin Jain, Head of Capital Markets, Edelweiss Capital.

Budget 2013: IIFL's Nirmal Jain bets on FM efforts to bring eco on track

The string of disappointing macroeconomic data over the past few weeks has only heightened the market‘s expectations from the Budget, feels Nirmal Jain, Chairman and Managing Director, IIFL.

FM may focus on bridging fiscal deficit: Birla Sunlife

The Budget will be reasonably positive, feels A Balasubramian, Chief Executive, Birla Sunlife Asset Management.

Budget 2013: What Young Indian Entrepreneur wants from Chidambaram

Over the past one month people have heard captains of India Inc, foreign investors, tax experts and economists telling the finance minister what they want from Budget 2013.

FIIs still find India value for money, say experts

Citi bought together a power-packed panel to dicuss the Indian growth story.

Credible plans by govt may reduce fisc to 4.8%: Kotak

In the run up to the Budget 2013, CNBC-TV18 launches a two week series, Budget juggling options which will highlight the policies required by the government in this Budget to create a credible fiscal consolidation plan.

Budget expectations, liquidity keep market afloat: Udayan

The market has a terrible day yesterday. Just when the market looked like it was creeping back a little bit with two days of upmove, it got hammered once again.

Ensure tax exemption limit goes up to Rs 3 lakh: Cong to FM

A very crucial pre-Budget meeting took place on Thursday with the finance minister (FM) briefing the Congress core group on what kind of balancing act he will do for Union Budget 2013. CNBC-TV18‘s Aakansha Sethi reports.

FM cuts GST discord knot with no phased implementation rule

CNBC-TV18‘s Aakansha Sethi reports tha expectations that the GST would be implemented in 2014 or 2015 turned dim with the finance minister having clearly ruled out a phased implementation of Goods and Services Tax (GST).

SBI Q3 to lift mood for PSU banks: Dipan Mehta

Dipan Mehta, member, BSE and NSE says that theSBI's quarterly results indicate the NPA cycle reaching a bottom and signal higher profit-levels for PSU banks.

Market likely to trade firm until Budget: SP Tulsian

Commenting on the sudden profit booking seen in our market, SP Tulsian, sptulsian.com told CNBC-TV18 that it could be due to issues of corporate governance, confidence crisis, non reliability of financials, pathetic results posted by infrastructure companies and some other things.

Nifty may slide to 5600; see pressure on gold: Sushil Kedia

So far the Nifty has had a sluggish February series and Sushil Kedia, Director - Quantitative Strategy at CIMB believes 5900 has been acting as a temporary support. According to him, once the NSE benchmark breaks out of 5900, they would take a call for 5600.

Midcaps to gain interest, Sensex seen at 23000: Ambit Cap

Midcap stocks have been bruised and battered this month, with most of the companies making losses in the December quarter earnings. However, there is still optimism left for the midcap sector as most analysts feel that the next quarter looks hopeful.

Developed mkts to rule 2013; bullish on India: JP Morgan

Adrian Mowat of JP Morgan considers the upcoming Budget to be an important marker in improving the policy environment in India. According to him, as compared to the other emerging markets, India certainly looks attractive.

Don't see mkt rally beyond 6050; long OMCs: Baliga

Independent analyst, Ambareesh Baliga sees 5900 as a good support for the market upto the Budget.

Budget to aim at eco growth; FinMin mulls oil import cess

In the run up to Budget 2013-14 the finance ministry is considering various areas of taxation and is mulling a cess on import of crude oil. It could be as low as one percent.

Mkt eye on Budget move to cut fisc; bet on midcaps: Experts

Birla Sun Life AMC's Mahesh Patil says that the key aspect that the market will watch for in the Budget is the government‘s plan to rein-in the fiscal deficit. The midcaps, he adds on CNBC-TV18, have started to look attractive on fundamentals, global liquidity and an expected ease in interest rates.

IT sector may see deals worth $3bn from US, UK in 2013

The Indian IT sector is likely to get fresh deals worth USD 3 billion from the US and UK for the calendar year 2013. That‘s the news coming from the NASSCOM Leadership Summit.

Nifty to hold 5900 till Budget; buy NMDC, NTPC: Emkay

In the run up to the Budget, the market has been consolidating since the last ten days and now there is a small uptick after the market ended in green on Tuesday. Krishna Kumar Karwa, MD, Emkay Global Financial Services does not expect a sharp uptick in the market before the Budget.

Mkt expects modest Budget; bullish on real estate: Citrus

"If the Budget does end up surprising the market positively, then we should see some more steam in this rally. Otherwise, we are in for some correction or consolidation," adds Sinha in an interview to CNBC-TV18.