Infra, power and railways likely to be in focus in Interim Budget 2024; book profits in PSU companies: Swapnil Shah

Swapnil Shah says the interim budget is expected to focus on infrastructure, power, and railways sectors. Opportunities exist in companies with sound fundamentals and robust earnings visibility, particularly in largecaps. Power, renewables, and capital goods sectors are expected to perform well in 2024. Profit booking is advisable in certain PSU companies. The railway and power sectors continue to offer compelling narratives due to significant government investment.