Research icon:Sensex, Nifty up 9% from Feb 1; D-Street eyes these 6 reforms from Budget 2019
A big bang Budget is what Street is expecting from the Finance Minister. At the time, investors will keep an eye on the Fiscal deficit objectives of the government
The S&P BSE Sensex and the Nifty50 rose by about 9 percent from February 1, 2019, when the government presented its interim Budget under acting Finance Minister Piyush Goyal.The Budget laid down the foundation of a strong Indian economy by putting emphasis on Infra, housing as well as agricultureThe expectations are running high this time around as well – largely on two factors. This will be the maiden Budget of the newly appointed Finance Minister Nirmala Sitharaman, and secondly, the Indian economy is showing signs of a slowdown.
A big bang Budget is what the Street is expecting from the Finance Minister. Investors will keep an eye on the Fiscal deficit objectives of the government (3.4 percent of GDP), change in market borrowing plans, and any revisions in tax revenues..
or visit http://researchicon.com/
Comments
Post a Comment