The Indian budget offers a modest economic boost with increased capital expenditure, focusing on strategic sectors. While positive for earnings, market sentiment faces headwinds from higher STT on derivatives and a large divestment target. Investors should expect moderate returns amid valuation concerns and potential de-rating.
F&O Talk: Nifty may consolidate further; Sudeep Shah’s strategy on TCS, HDFC Bank, Infosys
Indian stock markets, Sensex and Nifty, closed lower following the RBI’s hawkish stance, despite falling oil prices. Analyst Sudeep Shah anticipates a consolidation phase for
June 7, 2026