Budget Impact: 12 stocks to watch out for

The Budget focuses on boosting investments in infrastructure and kick-starting growth.

Though not a big-bang Budget, it was a balanced exercise with the Street's focus now shifting to execution and results.

Take a look at the stocks to watch out for...

The impact is most on companies catering to the infrastructure, housing and financial sectors.

These include L&T, IDFC, Asian Paints, Ashoka Buildcon, PFC and many more, while a few like ITC have to bear the brunt of higher taxes.