Budget & Markets: Stocks deliver positive returns 1-month after, shows data

Nifty races ahead with a 5.7% average gain post-Budget, outpacing pre-Budget dips

The one-month post-Budget period is generally favourable for equity markets, as indicated by analysis of Budgets over the past decade by US-based brokerage Bank of America (BofA).

Out of 11 occasions, the benchmark National Stock Exchange Nifty saw positive returns in eight instances, with average one-month gains of 5.7 per cent.

In comparison, the market ended with gains in six instances and losses in five instances one month before the Union Budget, averaging a negative return of 0.2 per cent. However, this time, market sentiment appears more exuberant, with the Nifty rising 5 per cent over the