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.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions