Stock Market Today On Budget 2023: The eyes of stock market investors will be on the general budget to be presented today.

Stock Market Today On Budget 2023: Today i.e. on February 1, a lot of movement can be seen in the Indian stock market.

The eyes of the stock market investors will be on the general budget to be presented today.

Yesterday i.e. on Tuesday, the stock market had closed on the green mark.

Due to which it is expected that today investors can decide to invest on the basis of decisions that promote economic development, private investment or consumption during the general budget.

However, if nothing special is announced in the budget for common investors, then negative reactions can be seen in the stock market and the market can fall.

Today, the announcements made during the budget 2023 will decide the direction of the stock markets in the near future.

Indian benchmark indices, Sensex and Nifty have fallen close to 3 per cent so far in January.

The Indian stock market had closed on the green mark on the previous day.

The stock market has recovered just a day before the budget.

Amidst the continuous decline, the stock market returned to brightness yesterday. On Tuesday, both the benchmark indices of the stock market closed with gains amidst heavy fluctuations.

During this period, the 30-share major benchmark index BSE Sensex (Sensex) ended trading at 59,549.90 with a gain of 49.49 points (0.083%).

At the same time, the Nifty of the National Stock Exchange ie NSE closed at 17,682.30 with a gain of 33.35 points (0.19%).

Let us tell you that in the last 8 budget sessions of the current government, the Nifty closed positively on 5 occasions on the budget day, while it closed on a negative note in the remaining 3 sessions.

Last year, on the budget day i.e. February 1, 2022, the Indian benchmark index Sensex jumped by 1.5 percent.

That day it climbed 848.40 points to close at 58,862.57.

At the same time, the Nifty climbed 367 points to reach 17,622 and closed at 17,577 at the end of trading.

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