Markets after remaining circumspect for the major part of the previous month, is expected to see a positive swing tomorrow. The post budget positive sentiment will be playing high on the investor mood. However over a period of time markets will certainly take a pie out of the global markets, which will decide the course of the degree of surge.

The Union Budget which is seen as a major node in any financial year does prove to be a sentiment hurdle for investors, which is now declared. The markets will certainly perform well picking up positive cues from post budget.

The 30-share index saw movement of 420 points on the budget day to close at 16,429.55 points. Budget announced a major personal income tax rebate, however went for a 2% hike in excise duty. Furthermore not being populist enough in fiscal policies, government hiked the fuel prices. Budget also has formulated a plan for infrastructure spending. Sectors like auto can swing in well for the investors. So just have a look at Maruti, Tata Motors and other auto stocks. Please keep checking the place to get more updates on post budget impact on Indian Share markets.

Powered by

Related posts:

  1. Analysis And Highlights Of Indian Union Budget 2010-11
  2. A Complete Analysis Of The Interim Union Budget 2009-10
  3. A Complete Analysis Of Indian Union Budget 2009-10
  4. Analysis And Highlights of Indian Railway Budget 2010-11
  5. A Complete Analysis Of Budget 2008-09
  6. Markets Open Gap Down And Recovers Back Partially:US Stock Futures Advance

Enter your email ID and subscribe to get similar articles in your mail

Delivered by FeedBurner