Indian Stock Markets on Budget Day: The market has already seen a boom from the last 4 business sessions before the budget.
New Delhi:
Finance Minister Nirmala Sitharaman is going to present her eighth budget on Saturday 1 February 2025. This will be the second budget of Modi 3.0 government. Every year on the day of the budget, there is a sharp movement in the stock market.
Will the stock market be open on Saturday on the budget day?
Both National Stock Exchange (NSE) and BSE have confirmed that the stock market will remain open on Saturday as the budget will be presented on this day. This Saturday, the stock market will have a turnover like normal days. Investors will be able to trade in the stock market on Saturday as well.
Sensex and Nifty NIFTY performance during the last 5 budgets
Let us know that in the last few years, the market has held a great rally, and a few times a decline was also seen. Come, know how the performance of Sensex and Nifty during the last 5 budget day has been …
Market shocked on budget 2020
- The budget was presented on 1 February 2020.
- This was the second budget of Finance Minister Nirmala Sitharaman.
- Prior to the budget, there was a positive sentiment in the market, but there was a decline after the budget announcement.
- The Sensex closed down by 988 points.
- The Nifty fell 2.5% to below 11,700.
- The market did not see anything special in the budget, so there was a period of selling.
The biggest lead in the market in budget 2021
- The budget was presented on 1 February 2021.
- Digital Budget was introduced, which was presented on the ‘Made in India’ tablet.
- There were big announcements in the budget regarding healthcare, infrastructure and investment.
- The Sensex gained 2,314 points.
- The Nifty climbed 4.7%, which was the largest budget day rally after 1999.
- The market took the budget with hand and watched a great boom.
In the market on the day of budget 2022, enthusiasm
- The budget was presented on 1 February 2022.
- The Finance Minister insisted on the infrastructure and capital experience.
- Investors gave good response to this budget.
- The Sensex closed up 848 points.
- The Nifty rose 1.4% to close to 17,600.
- The market hoped that there would be strong policies in the budget to boost the economy, and the same happened.
Budget 2023 mixed impact on the stock market
- The budget was presented on 1 February 2023.
- The Finance Minister noted the strong financial sector and public finance.
- The market initially gave a positive reaction, but later there was ups and downs.
- The Sensex climbed 1100 points in Intrade, but finally closed with a gain of just 158.18 points.
- The Nifty closed down 45.85 points to close at 17,616.30.
Stock market slight fall in budget 2024
- The budget was presented on 23 July 2024.
- This was the first full budget of the third term of the Modi government (Modi 3.0).
- Investors hoped that there would be big announcements in the budget, but the market looked a bit disappointed.
- The Sensex fell 0.09% to close at 80,429.
- The Nifty fell 0.12% to close at 24,479.
- However, there was not much decline as concrete policies were introduced for long-term growth in the budget.
Will the market record in budget 2025?
Now everyone’s eyes are on budget 2025. The market has already been showing a boom from the last 4 trading sessions before the budget, but more impact of the budget on the market will be seen on February 1. If the budget emphasizes infrastructure, capital markets, tax relief and increase in investment, then the stock market can again touch new heights.
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