STOCKS after budget

The finance minister will present the union budget on 28 th of this month.I think the ongoing bear market is just like pre-budget dip or to be technical ,a pre-budget correction.After the budget which sectors will be benefited?Will the sensex be in green on 1st day on march?In previous years there will be a small rally just after the budget and a correction after the budget ,which will be after march 15.The Finance Ministry may offer tax incentives to banks that have not been able to take advantage of the rise in bank credit. It is likely that interest income on long-term deposits may be made tax-free. At present, interest on bank deposits is subject to TDS (tax deducted at source), and the exact quantum of tax depends on the annual income of depositors under section 80C of the Income Tax Act. This may encourage the growth of long-term deposits in the banking system and also the banking stocks.I think its good to accumulate banking stocks like sbi,bank of baroda at their dips.In power sector NTPC will be a good buy.In textile sector Aditya birla nuvo ,sangam india looks good.In telecom Bharti looks good.On long term(apporx 2-3 years)Bharti tele ventures,Bharat forge,Shoppers Stop,Orient hotels will give good profit.Some banking stocks like Syndicate bank,bank of rajasthan can be took for short-medium term trading.

These are only my views and not recommendations,One should seriously look into the company results,perfomance and take decision