Bet on these 20 stocks that are likely to benefit from the Rs 20-lakh-crore stimulus

In fact, the headline number is much higher than estimated by economists, industry associations and brokerage houses. They were necessary as India is still reeling under the lockdown, and the economy has come to a standstill," Amar Ambani, Senior President and Head of Research – Institutional Equities, YES Securities told Moneycontrol. Essentially this package is to spur growth to build a very self-reliant India and that's why this initiative is called 'Atmnirbhar Bharat Abhiyaan. Prime Minister, Narendra Modi said the package will focus on four factors - Liquidity, Land, Labour and Laws. RBI's TLTRO, the Government is attempting to push more credit towards fund-starved NBFCs with a fully guaranteed special liquidity scheme for investment-grade debt paper of NBFC/HFC/MFI + a 20 percent partial credit guarantee scheme for investments in AA and below rated & unrated bonds/CPS. Key beneficiaires would be Shriram Transport , M&M Financial , Cholamandalam Investment and LIC Housing Finance . The brokerage house continued to like NBFCs with a relatively diversified liability franchise and superior collection mechanism. Emkay remained confident in the collection ability of HDFC , Bajaj Finance and Cholamandalam Investment . While growth has been a dominant theme in this post COVID-19 market fall but with the major stimulus announcement and good chances of the opening of economy, discretionary including Autos is likely to perform well. Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.