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The recent budget unfolds promising fiscal metrics, signaling a shift towards fiscal prudence. With a noteworthy reduction in the fiscal deficit to 5.8% of GDP for the current year and a targeted 5.1% for the next, the government displays a commitment to financial responsibility. This approach extends to the reduction in net borrowings, promising improved funds availability for the private sector.

On Thursday, 1774 stocks advanced, 2081 declined and 88 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.85, indicating positive closing of stocks in broader markets.

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.