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Another volatile Budget Day for D-St? How Nifty has moved around Interim Budgets

​​Trend Tracker
iStock
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​​Trend Tracker
Budget Day has always been a trendsetter for D-Street. The stock market witnesses its share of volatility in the run-up to the Budget as well as after the big event. This Budget is expected to be modest, without any surprises, due to its interim nature on account of an election year. Here's a snapshot of how the Nifty 50 has moved before and after the Interim Budget (Source: ETNOW)
March 1998
Agencies
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March 1998
A week before Budget: 3.9%
One day after Budget: -1.5%
One week later: 0.3%
February 2004
iStock
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February 2004
A week before Budget: -4.2%
One day after Budget: 3%
One week later: 6.3%
February 2009
Agencies
4/6
February 2009
A week before Budget: -2.4%
One day after Budget: 2.7%
One week later: -4%
February 2014
Agencies
5/6
February 2014
A week before Budget: 0.3%
One day after Budget: 0.9%
One week later: 1.8%
February 2019
Agencies
6/6
February 2019
A week before Budget: 1%
One day after Budget: 0.2%
One week later: 0.5%
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