The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.
Budget 2025 Highlights: The biggest beneficiary sector for the budget would be consumptions sectors like Staples, QSRs, White goods and Discretionary like Hotels and tourism
Havells rallied as much as 6.53 per cent to hit an intraday high of Rs 1,669 per share, while Voltas zoomed 5.55 per cent to hit an intraday high of Rs 1,331
Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels.
The increase in the NIL income tax slab to Rs 12 lakh is a major relief for the middle class, boosting both consumption and savings.
RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.
Budget 2025: Budget announcements related to income tax reforms, consumption and agriculture production boosts, and so on were highlighted in the presentation
Technical charts shows that shares of ITC, Bata India, Campus Activewear, Kaveri Seed and Zomato are on the brink of a positive breakout; hence can potentially rally up to 22% in the near-term.
Budget 2025 Analysis: No income-tax up to Rs 12-lakh income, subject to conditions, according to experts, can fuel consumption in the months ahead
Nifty Realty index surged 1.88 per cent in intra-day trade, driven by investor optimism after Finance Minister Nirmala Sitharaman announced a Rs 96,777 crore allocation for urban development
Budget 2025: Individually, Ambika Cotton Mills popped 9.95 per cent, Welsupn Living rallied 5.19 per cent, Adinath Textiles rose 5.91 per cent, Season textiles jumped 4.42 per cent
The uptick in hospital stocks came after the Finance Minister announced the government's plan to increase the number of medical colleges and hospital seats by 10,000 in the coming year
Budget 2025 highlights: Development of at least 100 gigawatt of nuclear energy by 2047 is essential for our energy transition effort, FM Sitharaman said on Saturday during Union Budget 2025 speech
The Union Government has raised the income tax exemption limit to Rs 12 lakh per annum under the New Tax Regime, Finance Minister Nirmala Sitharaman said while presenting the Budget 2025
The centre also proposed to reduce basic custom duty (BCD) from 30 per cent to 5 per cent on frozen fish paste (Surimi) for the manufacture and export of its analogue products.
As Finance Minister Sitharaman has mentioned that the revenue foregone would be Rs 1 trillion, one can assume that it would lead to Rs 70,000 crore of consumption
HDFC Life believes that the life insurance industry is well positioned to address the opportunities in the protection, retirement and long-term savings segments
Budget 2025 analysis: During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman said today that battery-related raw material will be exempted from custom duties
The Finance minister in Budget 2025 has proposed to set-up Centre for Excellence in AI for an outlay of Rs 500 crore.
Budget 2025: Relaxo Footwear share price surged 8.8 per cent on the BSE. Liberty Shoes rallied 7.4 per cent, Campus Activewear 6.12 per cent, and Bata India share price 2.8 per cent