Since the budget announcement comes soon after the Fed policy meeting on January 31, the market reaction for the next few weeks will be from a combination of the two. Let s understand how traders should position themselves for the budget day.
With the Budget in mind, let s find out between Nifty Realty and Nifty Energy, which sector should investors pick. The Budget will be announced on February 1, 2024. Since the general elections will be held in May, this will be the Interim Budget and a new Budget will be presented in July.