Budget 2021 Stock Market Live Updates: Today, the stock market is seeing a boom before the budget. The Sensex is seen up 383 points in the pre-opening. It is believed that the stock market will remain in the green circle on the basis of good sentiment today.
This time the scope of the health budget can increase. Import duties may increase on many goods. Many rules can be relieved to increase foreign investments. Many new things can be found on digital education. Corona surcharge may also apply. Please tell that this time the budget will be presented digitally. For this, the government has also launched an app called Union Budget.
In today’s budget, many announcements can be made for improvement in areas like Agri, Housing and Infra along with incentive based scrap page policy in auto industry. In this, investors will be advised to buy in the shares of Ashok Leyland, Escort, JK Lakshmi Cement, Whirlpool India and LIC Housing Finance.
Today, there can be a lot of ups and downs in the stock market on the budget day. The market move will depend heavily on announcements related to major sectors in the budget. Today, the eyes of insurance companies including Auto, MSME, Defense will be focused.
The stock market has started before the budget. The Sensex opened with a gain of over 400 points and is trading at 46,692. Apart from this, the Nifty has also started well and is trading at 13,750.05 with a gain of 115.45 points i.e. 0.85 per cent.
The Sensex is trading up 271.59 points at 0.59 per cent and is trading at 46,557.36, up by 0.59 per cent, and in addition, the Nifty is also seeing a boom. Trading in the Nifty is at 13758.60 with a jump of 124 points. In this way, the sentiment of the stock market remains good before the budget, investors are expecting any good announcement from the Finance Minister.
Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.