Did Budget Date 2023 Meet Stock Investors’ Expectations?

Source: Business Upside India

On the budget date 2023, February 1st, the Indian Minister of Finance delivered the Union Budget. The second term of the NDA administration, which began in 2020, served as the 4th budget. Before that, the Economic Report for 2022–2023 was published on January 31st, 2023. With the announcement of the budget 2023, the Indian stock markets were highly unstable. The BSE SENSEX gained more than 1100 points during the day before dropping by 1% at its conclusion. It, however, succeeded in completing the day with a modest profit despite it. The NSE NIFTY 500, on the other hand, finished the day with a loss. Index heavyweight Adani Enterprises is the leading cause of the NIFTY’s drop.

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