Budget 2024: Stock market likely to open flat; railways, defence sectors in focus
Stock Market on Budget Day Live Updates: Finance Minister Nirmala Sitharaman’s budget presentation will set the tone for Dalal Street today, with key sectors like railways, defence, and other PSU companies in focus. Market experts suggest that stocks from these sectors will be closely watched, given the government’s ongoing emphasis on infrastructure development. Should Nirmala Sitharaman announce any income tax relief measures, attention may shift to consumer-oriented and FMCG stocks. However, investors remain cautious as any unfavourable changes related to capital gains tax could significantly impact market sentiment. Follow IndiaToday.in’s live coverage for all the stock market action throughout the day.
