Union Budget 2025, Jan. 31 -- As the Union Budget approaches, Apurva Sheth, Head of Market Perspectives & Research at SAMCO Securities, shares his insights with Mint regarding Nifty 50 trends before and after Budget day, the sectors and stocks he is optimistic about, the fiscal deficit, and the substantial geopolitical and global economic shifts following Trump 2.0.

We like defensives like Pharma and FMCG which generally tend to do well in a downtrend. We also like Large-cap category as a whole, as it has underperformed the small-caps for a long time and seems like they (Large-caps) are likely to play catch up. We would also recommend investors to add gold and silver to their portfolios as a hedge against any volatility going ahead.

Mar...