These sectors may get various benefit from Budget 2017, as per this expert

The whole country is eagerly waiting for the Budget 2017. There are several speculations on how is it going to be and what will get affected and how. Nishchal Maheshwari, Head Institutional Equities, Edelweiss Securities, told ET that housing finance companies, construction companies and cement are the three sectors that could to do well after Budget.

Maheshwari said that he hasn’t seen much impact of demonetisation in the Q3 earnings.

“It does not look like there is going to be major impact basically as far as demonetisation is concerned,” he told ET.

When asked about the industries that he thinks will be benefitted in the upcoming Budget 2017-18, he said that cement industry is the first thing that comes to his mind.

Other than that he also named housing finance companies and construction companies in the industries that will be happy after the budget.

“Housing finance companies, construction companies could be definitely Budget beneficiaries,” he said.

He also said that he expects good news for the agrochemical side too.

When asked about his top largecap idea for 2017, he said that it still is Reliance.