The Stock Market Trading Tips has witnessed the fastest growth in the last 12 years on the day of the economic survey. Now the eyes of the market are on the budget. Though the experts have different opinions about the impact of the budget on the market. Experts say that the situation is not clear about the capital gain tax or sector wise allocation. When the budget is left for only a few hours, investors are cautious about stock selection. Experts say that in this situation, choosing a better fundamentally defensive stock can be a better option. Money Bhaskar has selected some defensive stocks on the basis of interaction with the experts, which is expected to have better returns.

Correctness may appear in the market

– Jagdish Thakkar, director of Fortune Fiscal, says that the corporate tax cut and the long-term capital gains tax is a market watch. There is less hope of a cut in corporate tax. But if long-term capital gains tax is increased from one year to 3 years, then it will prove to be very negative for the market. However, if the government removes short-term capital gains tax after putting long-term capital gains tax, then the market will be positive for the market.

– Amit Jeswani, CIO of Stallion Assets.com, says there is a possibility of a correction in the market. The market is quite high. Monday’s business has seen the correction in mid-cap stocks, which is the beginning.

According to Gaurang Shah, head investment strategist at Geojit Financial Services Ltd, the valuation of the market is high. So one correction can be found in it. However, signals in the market are positive. At the moment, the market’s eye is on the budget. Its next market focus will be on elections held in 8 states this year. There are plenty of signs in the domestic market on which the direction of the market will be fixed.

Nifty can reach 11250 before budget

Simi Bhowmik, technical analyst, Simi Bhowmik.com, says that the rally in the market is likely to touch the Nifty 11250 level in the next two days. At present, there is a support of 11,100 in the market. Staying above 11,100, Nifty can reach level of 11,250.

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