Stock Market Spotlights: Nifty closes above 23,500 strong reversal showing bullish Momentum. How to trade on Budget day ?
Stock Market Spotlights : Nifty closes above 23,500 strong reversal showing bullish Momentum. Will the Stock Market Be Open on February 1(Saturday) Budget Day ?
Following intraday volatility, the Indian equity market closed the day on a bullish note, with the Nifty closing above 23,500. The index experienced strong recovery from the 22,800 mark. This indicates a strong buying on lower levels.
On 31 January Friday, Nifty Climbed 258 pts (+1.11%), Sensex climbed 740 pts (+0.96%), Nifty Bank Climbed 275 pts (+0.55%).
Today's top gainers on Large cap industries was NHPC , Tata Consumer, GAIL.
Will the Indian Stock Market opens for trading on Saturday budget day ?
The stock market will continue to be open for trade on 1 February 2025 Saturday Budget Day, according to notification from the NSE and BSE.
They Confirmed that India Stock Market will open for all on budget day with as regular time basis .No changes in trading hour.
The budget day is a most important day for stock market because it decides the economic supervision of the financial year 2025-26.
Important announcements associated with Banking, Healthcare, Urban development, Manufacturing, and Infrastructure will be looked by investors.
Government spending plans, tax breaks, and the national debt goals will all be crucial in determining how the market reacts.
Historically the market reacts highly Volatility on a budget day.So a suggestion from us to investors Keep Strict Stoploss in your trade.
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