Budget Day - Market Performance in the last 10 years

Industry Insights
1

Here’s how market fared on the budget date from last 10 years

budget
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Source : Aniket Chaudhary

Some Observations

  • Market gave positive returns 5 times and gave negative returns 7 times.

  • Last 2 budgets have given the highest and lowest returns with highest return of 4.74% in 2021 and biggest red day (-2.51%) in 2020

  • Market closed up/down below 1% for 50% of the times on budget day.

Let’s do some interesting poll :

According to You, How will Nifty fare on Budget Date (% Wise) ?

  • Less than 1% ( + or - )
  • 1-2% Up
  • 1-2% Down
  • More than 2% Up
  • More than 2% Down

0 voters

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