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canada goose black friday sale We have collated a list of 16 stocks that could take a hit from Budget 2020 as recommended by various brokerage firms:ITC Godfrey Phillips:The Union Budget introduced a National calamity contingent duty (NCCD) on Cigarettes and Tabacco Products. Most brokerage firms downgraded ITC post Budget 2020.NCCD is being increased ranging from Rs 200 735 per thousand, depending upon the length of cigarette and on filter/non filter basis, Reliance Securities said in a report.On smoking mixtures for pipes and cigarettes, NCCD is being increased from 45 percent to 60 percent. Wagons (12,000) and coaches (4,000) are likely to drop by 8 19 percent, IIFL Securities said in a report.In Rupee terms, there is a 4 percent drop in the key segments of rail capex (60% of mix) after a 30 percent Cagr growth over FY18 20 (RE), despite a 3 percent increase in total rail capex in FY21 (BE).Track renewals, new lines and road safety (17% share) are expected to grow in20 45 percent range, rest all segments decline in 10 18 percent range in FY21 (BE).Havells India, Amber Enterprises, Whirlpool:The Budget is negative for some of the stocks in the consumer electrical stocks. canada goose black friday sale

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