Budget 2023: Will there be money or loss in the stock market today? Know how the mood of the market was on the last 10 budget days
Budget 2023-24: Finance Minister Nirmala Sitharaman will present the budget in Parliament today at 11 am
Modi government’s last full budget before general elections
In the last 10 years, the trend of the budget day market has been mixed.
New Delhi. Only a few hours are left for the presentation of the budget (Budget 2023). Finance Minister Nirmala Sitharaman will present the last full budget of the second term of the Modi government today. This is the last full budget of the government before the general elections to be held in the year 2024. People of all sections have high expectations from the budget.
Meanwhile, the eyes of investors are fixed on the stock market. Now the question is that how is the stock market going to move on the budget day or after the budget. The performance of the stock market on the budget day has been mixed for the last several years.
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How was the condition on the budget day in the year 2022
When the general budget was presented in the year 2022, then on the day of the budget, there was a great growth in the stock market. On this day the stock market started with gains and closed with gains. On this day, the Nifty touched the figure of 17,500, while the Sensex crossed the 58,500 mark.
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Budget date Finance minister presenting the budget Nifty performance on the budget day (in %)
28-02-2013 P Chidambaram -2 percent down
17-02-2014 P Chidambaram rose 0.4 percent
10-07-2014 Arun Jaitley fell 0.2 percent
28-02-2015 Arun Jaitley rose 0.7 percent
29-02-2016 Arun Jaitley fell 0.6 percent
01-02-2017 Arun Jaitley rose 1.8 percent
05-07-2018 Arun Jaitley fell 0.2 percent
01-02-2019 Piyush Goyal rose 0.6 percent
05-07-2019 Nirmala Sitharaman fell 1.1 percent
01-02-2020 Nirmala Sitharaman fell 2.5 percent
01-02-2021 Nirmala Sitharaman rose 4.7 percent
01-02-2022 Nirmala Sitharaman rose 1.4 percent
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Tags: BSE, budget, Nifty, NSE, Sensex, share market
FIRST PUBLISHED : February 01, 2023, 10:16 IST