5 minutes | Feb 1st 2020

The Budget & the Stock Market

In an extended week due to budget announcements, we look at the major moves of the market in the week gone by. The global stock markets ignored every piece of financial news and economic data released in the last few days. They focused solely on the virus and moved choppily during the week. Indian stock markets have also remained volatile tracking its global peers. The pre-budget rally was replaced with nervousness until Friday. The Union Budget 2020 failed to cheer the markets on Saturday. The Sensex fell as much as 700 points intraday. While everyone is talking about the Budget and what it has in store for the stock markets, our analysts at Equitymaster are singing a different tune. What is it? And how should you react after budget announcement? Tune in to find out…
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