Benchmark indices and broader markets have historically shown subdued performance on Union Budget day, with less than 1% movement. However, a week after the event, both Nifty and Sensex have shown stronger gains. Three months post-budget, while the Nifty experienced significant swings, it generally trended upwards, with the exception of a notable fall in 2020.
Crude may soften, but global supply challenges remain: Peter McGuire
Global financial markets rebounded sharply on hopes of Middle East de-escalation, with crude oil prices cooling and Asian equities rallying. While a temporary ceasefire has