Budget 2012 winners: M&M, ITC, IRB infra
Manishi Raychaudhri, Strategist and Head of Research of BNP Paribas Securities remains apprehensive about the fiscal deficit target as inflation might accelerate due to hike in Excise & Service Tax. M&M, ITC and IRB Infra were the Budget winners while oil stocks and PSU banks were losers.
