Stocks on investors’ watchlist based on BJP manifesto

The BJP's election manifesto, termed 'Sankalp Patra' has captured the attention of stock market participants who are assessing possible spaces that could be on the radar over next few months.

The manifesto has promised continuity of key policies along with new measures to deepen India’s economic progress. If the government retains power for a third term, the focus will be on infrastructure expansion, according to the document.

Among the key focus areas are manufacturing, exports, MSMEs, and with in infrastructure, the government is expected to focus on housing, defence, railways, aviation, energy, roads, EVs, among others.

Stocks that should be on your watchlist after BJP's manifesto launch

Housing: The government has promised to expand the Pradhan Mantri Awas Yojana (PMAY), strengthen the RERA act and facilitate home ownership for middle-income families. This could be positive for Housing and Urban Development Corporation (HUDCO), Major steel players (JSW Steel, Tata Steel), Housing Finance Companies, and Cement players (UltraTech Cement, Ambuja Cement, ACC).