What to Anticipate from the Indian Stock Market on Budget Day 2024

Tuesday, 23 July 2024, 01:58
The Indian stock market is poised for a positive start on Budget Day 2024, with trends from the Gift Nifty suggesting a bullish sentiment. Currently, the Gift Nifty is trading around the 24,550 level, reflecting a premium of nearly 30 points over Nifty futures' previous close. Investors should keep an eye on macroeconomic indicators and government policies that might affect market performance. In conclusion, market players are optimistic, anticipating that budget announcements could bolster investor confidence.
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What to Anticipate from the Indian Stock Market on Budget Day 2024

Market Trends and Predictions

The current trends on the Gift Nifty indicate a positive start for the Indian stock market.

Gift Nifty Overview

  • The Gift Nifty was trading around 24,550 level.
  • It shows a premium of nearly 30 points from the Nifty futures' previous close.

Investors' Sentiment

Overall, investor sentiment is bullish as stakeholders look forward to how Budget 2024 will impact the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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