The Finance Minister is going to present the budget on Saturday, February 1st and considering the direct impact of the budget on the market, the stock market will also open for trading on Saturday. If we look at the past data, usually the market has seen fluctuations on the day of presenting the budget. According to a report by Moneycontrol, if we look at the data of the last 10 years, the Sensex closed in the red mark 5 times and Nifty 6 times. 3 times the market closed with a gain of more than one percent on the day of the budget and 2 times with a decline of one percent.
 

The fastest growth on the day of the budget was seen in 2021. This year, the budget proposals brought enthusiasm in the market and the Sensex closed with a gain of 5 per cent and the Nifty with a gain of 4.74 per cent. This budget was considered to support growth. At the same time, a decline of 2 per cent was seen in the budget sessions of 2019 and 2020. In these budgets, the sentiments were spoiled due to the uncertainty of the global market and tax changes. The market sees sharp fluctuations in the budget session, the market reacts sharply in the same direction to any announcement regarding the policy.

Along with this, after the rise or fall on the basis of estimates before the budget, the market reacts on the basis of how the proposals were compared to the estimates. According to the report of Samco, Nifty has closed with gains 12 times in 18 budget sessions since 2010. At the same time, according to analysts, it is seen that if there is a decline in the market before the budget, then recovery is also recorded in the week after the budget is presented. According to a report by JM Financial, Nifty has been positive in the week after the budget in 75% of the cases.