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.
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.
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 Finance minister in Budget 2025 has proposed to set-up Centre for Excellence in AI for an outlay of Rs 500 crore.
The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.
IRB Infra's total revenue from operations stood at Rs 2,025.44 crore, up 2.9 per cent year-on-year (Y-o-Y), as compared to Rs 1,968.53 crore.
Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.
Derivative market update for February 1: Data shows that FIIs hold 8 short positions in index futures for every long trade; retail, DIIs, proprietary traders hold bullish bets.
Budget 2025: Zerodha co-founder and chief executive officer, Nithin Kamath, has shared his insights into how stock market traders should trade today
At 12:30 PM, BSE Sensex was trading 0.64 per cent higher at 77,253.98 levels. Similarly, Nifty50 was trading 0.82 per cent higher at 23,439.55 levels
Stock markets in India are typically closed on weekends. Will this Saturday, Budget Day, be an exception? Read on to find out
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration
The company is well-placed in 4-5 large domestic orders and has visibility of Rs 50,000 crore in inflows for Q4FY25
For the first time in 23 years, Nifty has declined for four consecutive months
For the Nifty, this was the fourth consecutive monthly decline and the most prolonged continuous monthly fall in 23 years. In the past four months, the Nifty declined by 9 per cent
Benchmark equity indices BSE Sensex and NSE Nifty50 were higher for the fourth straight day in the run-up to the presentation of the Budget 2025-26