News Overview

The Economic Survey ahead of the Union Budget underlined that the post-pandemic recovery was strong and affirmative

Indian benchmark indices Nifty 50 and Sensex opened higher today as markets anticipate the Union Budget presentation by Finance Minister Nirmala Sitharaman.

According to the NSE, the derivative contracts in these securities crossed 95% of the market-wide position limit, leading to their placement in the stock exchange's ban period.

Here are some of the stocks that may see significant price movement today: Power Mech Projects, Indus Towers, Gensol Engineering, etc.

Despite the overall decline in indices, the breadth of the market remained positive, indicating a selective buying interest among investors.

The Economic Survey 2023-24 presents a comprehensive overview of India’s economic resilience and growth prospects.

The Economic Survey’s focus on these six key areas reflects a comprehensive approach to achieving sustained economic growth during the Amrit Kaal.

Of the 13 sectors, auto, pharma, and healthcare were the top gainers. In the auto index, M&M, Tata Motors, and Maruti Suzuki were the major contributors.

The sister company of JSW Infra, JSW Energy, is likewise looking at acquisitions in the green energy space.

The anticipated budget will likely address these concerns through targeted reforms and incentives aimed at sustaining economic momentum and improving the business environment.