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Budget 2024: The interim budget focused mainly on fiscal consolidation with an increasing focus on sectors including infrastructure, railways, defence, green energy, tourism, agriculture, and EV.
Budget 2024: Industry experts believe that favorable policies to promote stock market education and reduce taxes on capital gains should be implemented in the upcoming Interim Budget to increase stock market participation and stimulate economic growth
Following the announcement, shares of rate-sensitive sectors like banking, financial services, automobile and real estate posted strong gains after the announcements.