You are here: Home » Budget » News » Markets
Business Standard

Pre-Budget Rally defies history, odds

Market players say share prices are rallying on sky-high expectations from this year's Budget

Business Standard 

Clouds are seen over the Bombay Stock Exchange (BSE) building in Mumbai

Historically, the market is known to be cautious ahead of the The average one-month return one month before the has been a negative four per cent since 2006. Moreover, return a month ahead of the has been negative in all the past 12 instances. Defying odds, the market has been upbeat in the run-up to the this time around. The has gained 2.3 per cent since January 1 and six per cent since December 26. Market players say share prices are rallying on sky-high expectations from this year’s The government is expected to take steps to offset economic shocks caused by demonetisation or note ban. “The unfavourable impact on private investment appetite would need to be offset through higher public spending in FY18 and faster resolution of policy hurdles,” says  

Sensex

RECOMMENDED FOR YOU

Pre-Budget Rally defies history, odds

Market players say share prices are rallying on sky-high expectations from this year's Budget

Market players say share prices are rallying on sky-high expectations from this year's Budget
Historically, the market is known to be cautious ahead of the The average one-month return one month before the has been a negative four per cent since 2006. Moreover, return a month ahead of the has been negative in all the past 12 instances. Defying odds, the market has been upbeat in the run-up to the this time around. The has gained 2.3 per cent since January 1 and six per cent since December 26. Market players say share prices are rallying on sky-high expectations from this year’s The government is expected to take steps to offset economic shocks caused by demonetisation or note ban. “The unfavourable impact on private investment appetite would need to be offset through higher public spending in FY18 and faster resolution of policy hurdles,” says  

Sensex

image
Business Standard
177 22

Pre-Budget Rally defies history, odds

Market players say share prices are rallying on sky-high expectations from this year's Budget

Historically, the market is known to be cautious ahead of the The average one-month return one month before the has been a negative four per cent since 2006. Moreover, return a month ahead of the has been negative in all the past 12 instances. Defying odds, the market has been upbeat in the run-up to the this time around. The has gained 2.3 per cent since January 1 and six per cent since December 26. Market players say share prices are rallying on sky-high expectations from this year’s The government is expected to take steps to offset economic shocks caused by demonetisation or note ban. “The unfavourable impact on private investment appetite would need to be offset through higher public spending in FY18 and faster resolution of policy hurdles,” says  

Sensex

image
Business Standard
177 22