The stock market is betting the new government will focus on sectors such as banking, infrastructure, power, highways and telecom to boost growth.
ET has compiled a list of 10 stocks that could benefit the most from a policy push.
Lower Inflation & fiscal deficit.
Positive Interest rate perspective
|L&T||1525||42%||well leveraged to take advantage of a demand uptick if the capital expenditure cycle revives. benefi t from value unlocking in the next 1-3 years.|
|Maruti||2215||25%||Strong competitive position, sharp rebound in volumes driven by consumer sentiment improvement and product launches, potential market-share gains and higher margins.|
|ONGC||417||46%||Subsidy rationalisation and higher gas price|
|SBI||2569||46%||The stock currently trades at a discount to the long period average (LPA). At 25% premium to LPA, the upside potential is 48%; it is 121% to its peak valuation.|
|HPCL||434||83%||lower oil price, which will reduce subsidy losses, and diesel price hikes, which will reduce working capital and interest costs|
|LIC Housing||335||52%||steady growth in NII and reversal of provisions on teaser loans. Besides, margin and asset quality improved on a sequential basis|
|Motherson Sumi||260||42%||strong business franchise, increasing content per vehicle, a likely revival in industry demand and rising exports.|
|Oberoi Realty||225||-4%||good play in the realty sector given visible and relatively small land bank, comfortable debt/equity ratio and better governance and proven execution.|
|Shree Cement||6255||44%||market leader in the northern region|
Read our other posts