The upcoming earnings season and announcements made by finance minister Nirmala Sitharaman will decide the direction of the market on February 1 and thereafter.

Dalal Street high on hopes from FM Sitharaman's third Budget speech

Jan 07, 2021

Experts expect that further rally in the market may need the economy to regain its mojo for which the Union Budget will prove to be a ideal platform

The 30-share index rose 300 points to a record high of 49,569 and Nifty gained 106 points to 14,590, its all-time high.

Sensex, Nifty hit all-time highs; how far can markets rise this year

Jan 12, 2021

The sentiment in equity market is so bullish that in eight trading sessions of 2021, Sensex and Nifty have gained 3.76% or 1,793 points and 4.17% or 583.35 points, respectively.

The Union Budget which will be presented on February 1 is likely to decide the direction of the market ahead.

Sensex scales 50,000 mark ahead of Budget 2021, here's how to play the market

Jan 22, 2021

Sensex scaling the 50,000 mark raises questions ahead of the Union Budget 2021. Should investors keep booking profit amid the ongoing slide in index or should they bet big on the Budget being presented in the backdrop of Covid-19 crisis?

Sensex, which has already scaled 50K mark last week, needs cues on the domestic front too, to clock more gains

Five stocks that have risen up to 845% since last Budget

Jan 25, 2021

The Union Budget on February 1 might give reasons to the market to scale new highs with announcement of steps to take the economy out of recession

On most occasions, benchmark indices Sensex and Nifty have mostly ended with a muted response after registering high volatility throughout the session

Union Budget 2021: How Sensex, Nifty moved on Budget Day in last 10 years

Jan 28, 2021

Of the last 10 budgets, the stock market has closed lower six times. Twice the indices closed over 1% lower (2012, 2013). This excludes Budget 2020's 2.4% drop in Sensex, the worst budget-day plunge since 2009

Investors also await growth projections for the upcoming financial year from the annual economic survey which will be presented later in the day

Sensex, Nifty on course to end five-session losing streak as investors eye Budget 2021

Jan 29, 2021

The blue-chip NSE Nifty 50 index was up 0.88% at 13,938.50 by 9:18 am while the benchmark S&P BSE Sensex added 0.83% to 47,262.87. However, both indexes are on course to clock their second week of losses

During the week, Sensex and Nifty fell by 2,592 points or 5.30% and by 737 points or 5.13%, respectively

Sensex closes 588 points lower before Budget 2021: Five factors that led to correction

Jan 29, 2021

SBI, HDFC, Asian Paints and M&M were among the top losers while IndusInd Bank, M&M, Bajaj Finance and RIL traded as the top gainers today

The market correction has wiped out Rs 11.58 lakh crore in investor wealth. On January 20, market cap on BSE stood at Rs 197.70 lakh crore which fell to 186.12 lakh crore today.

Pre-Budget sell-off: Investors lose Rs 11.58 lakh crore as Sensex falls 3,500 points in six days

Jan 29, 2021

In six sessions, Sensex has lost 3,506.35 points or 7.04 per cent. Similarly, Nifty has declined 1,010.10 points or 6.89 per cent

Budget 2021

Budget 2021: Will govt increase LTCG exemption limit beyond Rs 1 lakh

Feb 01, 2021

Budget 2021: From a stock markets' point of view, reforming the taxation burden on LTGC and removal of dividend distribution tax have been longstanding expectations of investors

India Stock Market News Highlights Today on union Budget 2021: IndusInd Bank, ICICI Bank, SBI, HDFC Bank were among the top gainers today while HCL Tech, Dr Reddy, Tech Mahindra were among top losers

Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281

Feb 01, 2021

Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index

On Friday, the rupee had settled at 72.96 against the American currency

Rupee rises 8 paise to 72.88 ahead of Budget 2021

Feb 01, 2021

The domestic unit opened at 72.89 against the US dollar at the interbank forex market and inched higher to 72.88,  rising 8 paise over its previous close