Subscribe To Our Free Newsletter |
Stock Market Live Updates: Indian equities await interim Budget moves amidst global uncertainty
Sensex, Nifty, Share Prices LIVE: Investors anticipate a flat opening for Indian benchmark indices, Sensex and Nifty, as Finance Minister Nirmala Sitharaman presents the Interim Budget. Despite assurances of a vote on accounts, expectations linger for possible personal tax adjustments and concessions to specific industries. Global markets are down following the US Federal Reserve’s decision to maintain interest rates, contrary to expectations of a rate cut. Nifty futures closing at 21,808.60 signals a stagnant start. Analysts note the recent market correction due to foreign portfolio investors’ selling, emphasizing the importance of the 21,300 support level. India VIX at 16.04 suggests impending uncertainty, potentially leading to corrections. DSP Mutual Fund advises vigilance amidst global economic shifts, cautioning investors about rich valuations amid evolving geopolitical uncertainties.