Ahead of the budget, BSE Sensex jumped 399 points to its day s high of 72,151.02 while Nifty advanced 107 points to 21,832.95. However, both benchmark indices shed over half a percent each from their intra-day highs after the announcement.
Finance Minister Nirmala Sitharaman is set to present Union Budget 2024 today i.e. Thursday February 01, 2024 amidst high expectations but little hope as the government is not likely to do anything good on crucial fronts except making poll-time promises to lure voters.
Interim Budget 2024: Nirmala Sitharaman further added that inflation levels have been moderated due to good macroeconomic stability and robust investments.