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Budget 2024: What happened in the stock market before the budget? What do experts think?

Ritul Pandey

By Ritul Pandey

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At present, not only the farmers but also the government has its eyes set on the sky. Monsoon is not fully active in the country yet. People in North India are troubled by drought. Its effect is visible on the local market and the stock market. The market is going through a period of ups and downs. The global signals in the stock market, the trend of foreign investors will also determine the condition and direction of the market. According to experts, it will also depend on how investors react to monsoon activity and crude oil prices. The full budget is likely to be presented next month. Before that, there is a possibility of a boom in some areas.

will be traded in the market

Swastika Investmart Limited analyst Pravesh Gaur has expressed his opinion on the market. According to him, the budget will be discussed this week. Development will be seen in the related sector. The market is also paying attention to monsoon activity. In the near future, investors will consider their investments accordingly.

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Foreign investors and domestic institutional investors are cautious about crude oil prices. They are paying attention to whether prices will rise or fall in the world market. US GDP data will be released on June 27. According to Ajit Mishra, Senior Vice President, Reliable Broking Limited, the market will keep an eye on budgetary developments. Investors are also keeping an eye on the developments in America. Its impact will be seen on the market.

market performance

This week, the 30-share BSE Sensex rose 217.13 points or 0.28 percent. While the National Stock Exchange or Nifty rose 35.5 points or 0.15 percent. According to Siddharth Khemka of Motilal Oswal Financial Services, the overall market is likely to remain stable. But development can be seen in the budgetary area.

Budget in the second session of the 18th Lok Sabha

Parliamentary Affairs Minister Kiran Rijiju has shared a post on the social media platform. According to this, the full budget of the third term of the Modi government can be presented in mid-July. He wrote a post about this on X. The first session of the 18th Lok Sabha will run from 24 June to 3 July. In this, the newly elected MPs will take oath. The Speaker of the Lok Sabha will be elected. The President’s address will also be presented. After that the second session will begin. The full budget will be presented in it.

Ritul Pandey

Ritul Pandey

I am Ritul Pandey, a content creator focused on delivering entertaining and engaging news from the worlds of entertainment and sports

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