Rail Budget 2016 Live:

Rail Budget 2016 Live: Operating ratio at 92% this year, up from 90% last year, says Prabhu

Investors can give rail related stocks a miss: analysts

Rail related stocks have underperformed the market thus far in calendar year 2016 (CY16) with counters such as Hind Rectifiers, Kernex Microsystems, Stone India and Titagarh Wagons skidding around 16% - 22%.

While the market participants are keenly eyeing the Union Budget proposals, analysts say the Railway Budget too assumes significance this time around given that it is being looked upon for its potential to rejig the investment cycle as well as bring transformative change to transportation in India.

Markets likely to remain volatile, Railway Budget eyed

Stock markets are likely to see volatile trading sessions this week amid derivatives expiry, with all eyes set on two key events -- Railway Budget and Economic Surveyreport, say experts.
"Trend in global markets, crude oil prices, Economic Survey, reform measures announcement in upcoming Railway Budget and rupee-dollar movement will dictate trend on the bourses. Indices may remain volatile with positive bias ahead of expiry of February series derivative contract in the week ahead," said Gaurav Jain, Director, Hem Securities.