The budget for FY26 aims to drive sustainable economic growth to 7% by addressing key concerns like inflation-impacted consumption demand and tentative private capex. Proposed income tax cuts increase middle-class disposable income, boosting demand in sectors like automobiles and real estate. Fiscal prudence continues, potentially allowing RBI rate cuts, enhancing macroeconomic stability.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase
July 29, 2026