Budget, Election Major Event For Stock Prices | GoodReturns

Goodreturns 2024-01-31

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The interim Budget will be presented on February 1, 2024 by Finance Minister Nirmala Sitharaman ahead of Lok Sabha Election 2024. The full budget will be announced by the winning party of the election later in the first half of current year. Aequitas Investments in an exclusive interview with GoodReturns.In said, its an interim Budget, so what it typically means is that the government outlines the anticipated revenue and expenditure til the main budget comes. So there will be a vote-on account budget, and nothing major is expected from this budget. On the market scenario currently, what we feel is the budget is majorly accounted for in the stock prices, and even the upcoming election has more or less discounted for in the shares. So both of these could be a major event going forward.

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