Budget 2025
The trading sessions on the day the Union Budget is presented are characterized by sharp spikes, volatile swings, and stock-specific movements. Going into trade today, ahead of Finance Minster Nirmala Sitharaman's presentation of the Union Budget 2025, market participants should expect the volatility to continue.
Ahead of the Union Budgets, the domestic equity markets usually see a sharp pre-budget rally, with traders and investors pouring their coffers into stocks and sectors they believe will see supranormal gains on the Budget announcement. While the markets have jumped two percent over the past five sessions, so far this year, the Nifty 50 has tumbled one percent.
In the previous session, the markets saw a sharp rally, lead by the optimism presented in the Economic Survey 2024-25, which reinforced confidence in India's economic fundamentals, suggesting that the current investment slowdown is transient.
This lack of a broad-based pre-Budget rally might lead to the probability of a rally following the Budget, if measures to stimulate growth are present, such as cuts in personal income tax and a larger thrust on capital expenditure. However, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services noted that the impact of the Budget will last only for a few days, at best.
Union Budget 2025 Live: The Union Budget for the financial year 2025-26 will be presented today by Finance Minister Nirmala Sitharaman, who will set a new record as the only finance minister to present the budget for eight consecutive years. However, it is important to note that former Prime Minister Morarji Desai holds the overall record for presenting the most Union Budgets in India. Desai presented a total of ten budgets—six during his tenure as finance minister from 1959 to 1964, and four more between 1967 and 1969.
Comments
Post a Comment