Budget 2025 Expectations: Nifty 50 may rally to 24,000 in January-end; FMCG, infra, IT among sectors to watch
Live MintBudget 2025 expectations: The nation is eagerly anticipating the Union Budget for FY 2026, set to be presented by Union Finance Minister Nirmala Sitharaman of Modi 3.0 on February 1, 2025, at 11:00 IST. In summary, my top picks for sectors to watch following the budget are FMCG and capital goods, given their potential for growth driven by increased government spending and consumer-centric measures. On the other side, Dr. Praveen Dwarakanath, Vice President of Hedged.in added that the budget might focus on specific areas likely focus can be in employment, skilling, MSME's and middle class. Nifty 50 before Budget According to Dwarakanath, Nifty 50 technically is trading near critical support at the 23,200 level, a break of which can take the index towards the 22,000 level.