NIFTY recovered sharply after crashing on the back of Long-term capital gains tax announcement. Some sectors have gained after Arun Jaitley’s budget 2018 speech in parliament.

Healthcare: Shares of hospital operators and insurance companies rose after government proposed a major step towards providing National Health Protection Scheme.

Stocks to watch: Apollo Hospital Ltd 4.1%, Healthcare Global Enterprises Ltd 3%, SBI Life Insurance Co Ltd 2.3%, HDFC Standard Life Insurance Co Ltd 2%, ICICI Prudential Life Insurance CO Ltd 2.2%

INFRASTRUCTURE and FMCG: Infra and FMCG company stocks rose as government focuses on rural and infra push in Budget.

Stocks to watch: L&T 3%, GMR Infra 2.1%, Bhel 0.7%, ITC 1.3%, Britannia Industries Ltd 1%.

AGRICUlTURE: Agri related stocks trading higher after the government announced proposal to raise minimum support prices for summer farm harvest season and also decision to spend Rs10,000 core on aqua, animal husbandry infra.

Stocks to watch: Kaveri Seed 3.1%, UPL 1.6%, Avanti Feeds 11%

Jewellery: Jewellery stocks fell on the announcement of government’s intention to formulate a policy for revamping gold monetisation scheme.

Stocks to watch: PC Jeweller Ltd 1.2%, Titan Co Ltd 5%.