Finance Minister Nirmala Sitharaman made the biggest announcement in her budget speech that now there will be no income tax on income up to Rs 12 lakh. When standard deduction is also added to this, there will be no tax on taxable income of Rs 12.75 lakh for salaried people. The Finance Minister has said that this decision will help in reducing tax on the middle class to a great extent. The middle class will get an opportunity to save more money, increase domestic consumption, savings and investment.

Many FMCG, consumer durables, auto and realty stocks have surged in intraday trade. With this announcement of the government in Budget 2025, the biggest rise has been seen in the shares from Radico Khaitan to hypermarket chain D-Mart. The Nifty FMCG index jumped by 3 percent, while the consumer durables index jumped more than 2 percent.

Dmart The stock of Dmart has seen the highest rise. The company's stock was trading at Rs 4,020.15 with a gain of 12.45 percent. Radico Khaitan After the budget announcement, the shares of Radico Khaitan are trading with a gain of up to 9.5 percent. This stock is the highest gainer on the Nifty FMCG index. Zomato & Swiggy After the budget announcement, the shares of food delivery aggregators Zomato and Swiggy have seen an increase of more than 6 percent. Not only are they consumption boosters, they are also reacting to the new social security initiatives announced for gig workers in the budget. Varun Beverages Shares of Varun Beverages, one of PepsiCo's largest bottling partners, are trading over 6 per cent higher after the budget speech. The stock has also halted its two-day losing streak. Trent Shares of Trent are trading 7.5 per cent higher and are the biggest gainer on the Nifty 50 index. The stock has fallen over 35 per cent from its peak and was the Nifty's worst performer in January. Sapphire Foods Shares of quick service chain provider Sapphire Foods are trading nearly 10 per cent higher and have gained in three of the last four trading sessions.