With crude oil trading at 4 months low, companies depending on crude and derivatives as an raw material is set to be benefitted.
Further to above, housing for all focus could help Berger paints and Shalimar paints rally in short term. Also, Spice jet could see some positive momentum considering the oil price benefit and Centre’s likely release of regional connectivity policy in coming days
Digitalisation is another theme, which one should have on radar. Digital summit is scheduled for tomorrow, govt has further reduced cash transactions from 3 to 2 lacs, and Aadhar has been made mandatory for IT returns. Stocks to have on radar, HCL infosystems, MEGASOFT, Quickeheal, Datamatics and Sonata software.
