Infrastructure stocks mixed as Budget lives up to Dalal Street expectation
Thu, Feb 1, 2024 2:58 PM

Infrastructure stocks mixed as Budget lives up to Dalal Street expectation

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MUMBAI - Stocks in the infrastructure space were mixed, with most of them largely unmoved as the announcements in the interim Budget for FY25 were largely on expected lines. For 2024-25 (April-March), the government has increased the total capital outlay by 11% to Rs 11.1 lakh crore, which was largely expected. This is likely to be 3.4% of GDP. Analysts had expected government capex to further.

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