The Indian market showed positive signs as the Sensex and Nifty started the day with gains, ahead of the Union Budget 2025 announcement. However, top gainers on the Sensex included Sun Pharma, UltraTech Cement, IndusInd Bank, Zomato, and Adani Ports, while the top losers were Titan, Bajaj Finserv, Kotak Bank, Nestle, and Asian Paint. The Economic Survey presented by Finance Minister Nirmala Sitharaman projected India's economy to grow between 6.3 to 6.8 per cent in the upcoming 2025-26 fiscal year. However, market experts are looking for growth-stimulating measures in the budget rather than market-related taxation relief. The market response to the budget is expected to last only a few days and will be heavily influenced by trends in growth and earnings recovery.
Stock Market Trends: Analysis and Outlook
The Indian stock market has witnessed positive growth in recent days, with the benchmark indices Sensex and Nifty making substantial gains. This upturn comes on the eve of the Union Budget 2025 announcement, which has sparked anticipation among investors.
Key Performers and Laggards
Among the top gainers on the Sensex were:
Conversely, the notable losers included:
Economic Outlook and Market Expectations
The Economic Survey presented by Finance Minister Nirmala Sitharaman projected a robust economic growth rate for India, ranging from 6.3% to 6.8% in the 2025-26 fiscal year. However, market experts are eagerly awaiting the Union Budget for indications of measures to stimulate growth rather than mere market-related taxation relief.
The response of the market to the budget announcement is expected to be short-lived, primarily driven by trends in economic growth and the recovery of corporate earnings.
Background
The Indian stock market has experienced significant fluctuations in recent times. Factors such as global economic conditions, interest rate movements, and political developments have all played a role in shaping market performance. Despite these challenges, the market has exhibited resilience and continued to attract investor interest.
FAQs
1. What factors are driving the current positive trend in the stock market? Answer: Anticipation of the Union Budget 2025 announcement, coupled with positive economic projections, has boosted market sentiment.
2. Who are the top gainers and losers on the Sensex index? Answer: Top gainers include Sun Pharma, UltraTech Cement, and Zomato, while Titan, Bajaj Finserv, and Kotak Bank are among the top losers.
3. What are market expectations from the Union Budget 2025? Answer: Experts are looking for measures to stimulate economic growth, including infrastructure spending and tax incentives for businesses.
4. How long is the market response to the budget expected to last? Answer: The market response is typically short-lived, lasting for a few days, as investors assess the implications of the announced measures.
5. What historical events have influenced the Indian stock market's performance? Answer: Global financial crises, interest rate changes, and political events, such as elections and policy changes, have all impacted the market's trajectory in the past.
The benchmark indices in India, Sensex and Nifty, surged thanks to a strong performance by Vedanta, whose impressive Q3 results led to investor sentiment. However, the Economic Survey 2025 highlights potential risks to Indian markets, with high valuations and excessive optimism in the US stock market. All eyes are now on the upcoming Budget for further cues, as the Indian market is sensitive to fluctuations in the US market.
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BTTV, a leading business news network, has launched a new market show titled 'Daily Calls' that aims to provide viewers with valuable insights and clarity through live sessions with expert analysts. The show, available on BT TV and Reels, is a must-watch for anyone looking for guidance on investing and portfolio building. With this new addition, BTTV continues to be a go-to source for all things business.
In her eighth consecutive Union Budget, Finance Minister Nirmala Sitharaman has announced a major relief for the middle class in India. People with an annual income of up to Rs 12 lakh will not have to pay any income tax, owing to a tax rebate and the availability of a standard deduction of Rs 75,000 under the new tax regime. However, tax experts state that individuals with zero tax liability are still required to file an income tax return, leading to a cleaner financial record.
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