The BJP’s ‘Sankalp Patra’ manifesto has drawn the attention of stock market participants, who are now assessing potential sectors poised for growth in the coming months.

Outlined in the manifesto are commitments to maintain key policies while introducing new measures to propel India’s economic progress, particularly focusing on infrastructure expansion if the government secures a third term. Key areas highlighted include manufacturing, exports, MSMEs, and various infrastructure sectors like housing, defense, railways, aviation, energy, roads, and EVs.

Here’s a brief overview of sectors to monitor:

1. Housing: Plans to bolster the Pradhan Mantri Awas Yojana (PMAY) and strengthen the RERA act could benefit companies like HUDCO, major steel players, housing finance firms, and cement manufacturers.
2. Tourism: Efforts to enhance India’s tourism sector could provide opportunities for hotels, the aviation industry, and NBFCs.
3. Railway Infrastructure: Expansion plans for tracks, metro networks, and bullet train corridors may benefit major steel players and railway infrastructure companies.
4. EVs: Support for EV manufacturing and charging infrastructure could positively impact companies like Tata Motors, TVS Motor, and relevant NBFCs.
5. Auto Parts Suppliers: A focus on positioning Bharat as a global manufacturing hub could spur growth for auto suppliers like Samvardhana Motherson and Sona BLW.
6. Mudra Loan Expansion: Plans to expand credit programs like Mudra could benefit public sector banks, small finance banks, and microfinance institutions.
7. Working Capital for MSMEs: Utilizing Digital India infrastructure for digital credit solutions may support small traders and MSMEs, benefiting companies like Shriram Finance, MAS Financial Services, and Bajaj Finance.

Additionally, schemes like PM-eBus Seva could offer opportunities for companies in the e-bus sector like Ashok Leyland, Tata Motors, JBM Auto, and Olectra Greentech