Markets Budget News Today

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.

Sumeet Bagadia of Choice Broking has chosen Tata Groups Voltas as his ‘Budget 2024 Pick’. Bagadia has recommended a ‘Buy’ on the AC manufacturing stock at ₹1,057 and up to ₹1,020 for a target price of ₹1,175 and ₹1,250.

Budget 2024: Now that the interim budget is out of our way, the focus of the market will shift to earnings and the upcoming RBI policy next week. Lets take a look at where 5 technical experts see Nifty heading now.

Budget 2024: Experts believe that the measures announced in the Interim Budget 2024 will spur growth in various sectors and present a favourable long-term outlook for investors.

Stock market experts are bullish on energy stocks following the Indian governments focus on green energy

The budget day always holds its relevance in forecasting the economic outlook of the nation, which is simultaneously being reflected through the equity markets, says brokerage house Angel One. It has come out with 4 technical picks for tomorrows budget. Lets take a look.

Arpit Jain, Joint Managing Director at Arihant Capital Markets expects the government to keep infrastructure, defence, and railways in focus in the Interim Budget 2024.

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. Lets understand how traders should position themselves for the budget day.

Rupen Rajguru, Head Equity Investments and Strategy, Julius Baer India, expects the Interim Budget to record better fiscal balances, generating space for higher social spending. He also expects the government to announce sops for the middle class and rural segments.

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.