Decoding Stock Market Behavior on Budget Day: Analysing Stock Market Reactions Over last 5 year.
Decoding Stock Market Behavior on Budget Day: Analysing Stock Market Reactions Over last 5 year.
Ahead of Finance Minister Nirmala Sitharaman's presentation of the Union Budget 2025 on Saturday, February 1st, everyone involved in the stock market is watching the market vigorously.
This budget reflects the country's economic direction for the financial year 2025–2026 under the newly elected united government.
Analysing Stock market reactions for the Previous five year.
Union Budget Day 2019
On Union Budget day 2019 the NSE Nifty down by 135 pts (-1.14%) to closed at 11,811 while the BSE Sensex down by 394 pts (-0.99%), closed at 39,513.
Union Budget day 2020
On Union budget day 2020 the NSE Nifty down 300pts (-2.52%), closing at 11,661 while the BSE Sensex declines 988 pts(-2.43%)to concluded at 39,735.
Union Budget day 2021
On Union budget day 2021 the NSE Nifty jumped 647 pts(+4.74%,) to close at 14,281, while the BSE Sensex soared 2,300 pts(+5%), to conclude at 48,600.
Union Budget day 2022
On Union Budget day 2022 the NSE Nifty saw a significant rally of +1.37% , BSE Sensex closed 848pts (+1.46%) higher at 58,862.
Union Budget day 2023
On Union Budget day 2023 the NSE Nifty down by 45 pts (-0.26%) to close at 17,616 while BSE Sensex down by 158pts(-0.26%) to closed at 59,708 .
During Budget day the market remains highly volatile So It's a Warm Suggestion to investors to keep Strong Stoploss to your setup .
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