Benchmark indices slipped into red from green right after the Budget speech.The finance minister increased FY25 capex outlay by 11.1%.Rail stocks which have
The Interim Budget 2024, to be presented by Finance Minister Nirmala Sitharaman, is expected to impact investors in rail, defence, and other capex-related stocks. The budget is likely to continue its focus on infrastructure development, including ports, airports, railways, and highways. Last year s budget allocated the highest percentage of expenses towards capex in two decades, indicating a long-term planning approach by the government.
Is The Interim Budget No 'big Deal' For Stock Markets In India? forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.
Union Budget announcements wield significant influence over the stock market, shaping trends in various sectors based on government policies and financial plans. Here s how you should prepare your portfolio for the upcoming Interim Union Budget.
As per data from the last 24 years (Feb 1), in only 7 budget sessions during this period, the Indian market moved less than 1 percent on the budget day. 15 times the market trend was negative while it was positive on the remaining 9 budget day sessions.