Budget 2024: These sectors are the potential winners and losers of Modi 3.0 budget

Budget expectations: India's Finance Minister, Nirmala Sitharaman, is set to present the country's FY25 budget on July 23, marking the first of Modi 3.0's first budgets. The budget is expected to focus on rural schemes to boost consumption, benefiting companies like Hindustan Unilever, TVS Motor, and Hero MotoCorp. A less than 5-7 per cent increase in tobacco taxes could be beneficial for ITC, while production-linked incentive schemes could benefit Dixon Technologies, Ideaforge Technology, and Biocon.