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Ahead of Budget: Which sectors will be at forefront in January?

Potential measures by the government could include increased allocations for defense, railways, and other infrastructure projects, leading to rallies in stocks related to these sectors. While technically realty and banking & financial services are set for outperformance in January ahead of the Budget.

The Union Budget 2024 is scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, 2024.

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