Share Market Budget 2021 Live Updates: Finance Minister Nirmala Sitharaman will be presenting Union Budget 2021 today, she has promised a budget like "never before" amid the backdrop of the covid-19 pandemic. Follow this space to see how the stock market reacts to the budget proposals.
Budget 2021 Share Market Live Update: Investors across the Indian stock market would be reacting to the proposals of the Union Budget 2021 which will be presented by Finance Minister Nirmala Sitharaman later today.
The SGX Nifty suggests a mildly positive start to the market on the day of budget. At 8:25 am, the SGX Nifty was trading at 13,748.00, up 0.20 per cent.
Follow Budget 2021 LIVE updates
Finance Minister Nirmala Sitharaman will present the Union Budget 2021 in the Parliament today, the stock market will react to the proposals she announces on the floor of the house. Watch this space for all the happenings in the market today.
IndusInd Bank, ICICI Bank, Titan, Bajaj Finance, HDFC, Bajaj Finserv were top gainers in the early trade, while Dr Reddy’s, Tech Mahindra, Axis Bank and TCS were among the top losers.
At 9:15 am, the S&P BSE Sensex was at 46,660.24, up 374.47 points (0.81 per cent), while the broader Nifty 50 was up 106.95 points (0.78 per cent) at 13,741.55.
Finance Minister Nirmala Sitharaman has arrived at the Finance Ministry, ahead of the presentation of Union Budget 2021 later today.
The S&P BSE Sensex was up over 200 points in the pre-open session ahead of the Union Budget 2021.
Here’s how other indices were performing:
Stock markets, which witnessed a roller coaster ride in the last two weeks, are bracing for more volatility on Monday and in the coming days with expectations and worries running high ahead of the keenly awaited Union Budget. Click here to read
After an estimated 7.7 per cent contraction in 2020-21, the Finance Ministry’s Economic Survey projects that India’s real GDP would record a growth of 11 per cent in 2021-22. The nominal GDP growth has been estimated at 15.4 per cent, implying an assumption of 4.4 per cent inflation during the year. Click here to read
Welcome to our special market blog on the day of Union Budget 2021. Catch all the live stock market updates here.
Finance Minister Nirmala Sitharaman will deliver her budget like “never before” that is expected to provide relief to the pandemic-hit economy and is likely to focus on driving the recovery through higher spending on healthcare, infrastructure and defence.
On Friday, the Sensex had crashed 588.59 points (1.26 per cent) to finish at 46,285.77 — taking the six-session aggregate loss to 3,506.35 points (7.04 per cent). Likewise, the Nifty furthered its loss by 182.95 points (1.32 per cent) to settle at 13,634.60. Over the last six days, the NSE benchmark has shed 1,010.10 points (6.89 per cent).
Source: Read Full Article