Finance Minister Nirmala Sitharaman presented the Union Budget 2024, focusing on various sectors to boost economic growth, support MSMEs, and enhance the welfare of the common citizen. Here are the key highlights and analysis of the budget: Income Tax Reforms One of the most anticipated announcements was the revision of the income tax slabs under…
In the Stock Market Today, Sensex drops 79.43 points; Nifty ends below 24,509. There has been a decline in the media, banking, IT, real estate, and FMCG sectors.
Stock market typically show volatility after the Union Budget as investors react to new policies and announcements. Based on the past two decades, traders tend to wait about 7-8 days after the budget before actively entering the stock market. They take this time to fully grasp how the budget will affect trading, leading to a…
In the Stock Market Today, Sensex drops 750 points; Nifty ends below 24,550. Ultratech and BPCL fall 3% on Q1 results, while Infosys gains 2%.
These stocks and sectors are expected to experience positive outcomes or gains as a result of the announcements made by Nirmala Sitharaman. Finance Minister Nirmala Sitharaman will present the Union Budget 2024 on July 23. According to JM Financial, the government plans to manage fiscal deficit, invest in growth through capital expenditure, and allocate funds…
In the Stock Market Today, Sensex & Nifty were unable to maintain their record highs, while stocks in the realty, FMCG sectors saw gains.