“In the capital goods space, Cummins, Thermax, Bharat Forge and L&T are four of the choicest names. You can add an ABB. Three insurance names – SBI Life, ICICI Pru, and HDFC Life – in tandem could be very good wealth creators over a period of time and this distribution channel, particularly brokers, exchanges, insurance and the AMCs are a very good long-term bet.”
Titan’s CV Venkataraman optimistic that Budget will boost consumer spending in urban markets
The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that