News From Press Can Budget 2024 turn stocks into multibaggers? History says, it’s possible

Can Budget 2024 turn stocks into multibaggers? History says, it’s possible

Source: Moneycontrol Feb 5, 2024

Up until Finance Minister Nirmala Sitharaman’s Interim Budget 2024 speech, certain stocks had been giving moderate to steady returns. India is on the path to becoming the world’s third-largest economy by 2030, as per S&P Global Ratings. In her speech, Sitharaman announced an increase in outlay for infrastructure development by 11.1 percent; this amounts to 3.4 percent of the GDP, which is good news for infrastructure themed stocks.

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