How the Budget could hit your stocks

The Budget is expected to contain measures to accelerate growth while being fiscally prudent.

The Union Budget 2009-10, to be presented on July 6, will be notable in more ways than one.

With the United Progressive Alliance getting a reasonably strong mandate in the May 2009 elections and the absence of major opposition from alliance partners, the market is expecting the Budget to announce bold measures to enhance economic growth in an 'inclusive' manner as well as introduce structural reforms.