Can infrastructure stocks continue to rerate, post Modi's Budget?
Thu, Feb 1, 2024 12:24 PM

Can infrastructure stocks continue to rerate, post Modi's Budget?

A Flip by Shubhangi Gupta
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The last budget's emphasis on capital expenditure boosted infrastructure stocks, and the government may continue this trend despite fiscal constraints. Private investment is also improving but still needs support. The recent Rs 10 lakh crore capex announcement was a game-changer, driving economic growth and the CNX Infrastructure Index up.

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