Top F&O gainers on budget day you should focus on!

Manufacturing sector stocks will also be in focus and hence investors and traders will be focusing on capital goods sector.

The budget day is here and the stock market performance on February 1 is indicating the buyer's interest with BSE Sensex soaring by 550 points and Nifty soaring by 150 points.  

Some of the top F&O gainers on the budget day so far are Chola Finance, up by more than 7 per cent with open interest rising by more than 17 per cent and Indian Hotels which is up by more than 6 per cent with open interest higher by 2.18 per cent.  

Long built up is also seen in Steel stocks with Tata Steel and Jindal Steel gaining traction.  

Short covering is seen in Gujarat Gas and Laurus Lab.  

Infrastructure stocks will be in focus along with green energy related stocks such as Suzlon, Solex energy, KPI Green , Borosil Renewables, Inox Wind etc.  

Manufacturing sector stocks will also be in focus and hence investors and traders will be focusing on capital goods sector.  

ICICI Bank is the top BSE Sensex gainer along with Tata Steel. HDFC Twins along with ICICI Bank together are seen contributing to more than 60 per cent of the BSE Sensex gains ahead of the budget.