Union Budget 2021 impact on Indian Stock Market.
                     Union Budget 
2021 impact 
on Indian 
Stock Market
Union Budget 2021
 Investors reacted to the proposals of the Union Budget 2021 which were 
presented by the finance minister in the Parliament. 
 She announced various schemes across the healthcare, auto and infrastructure 
and agriculture sectors in her speech.
Source: indianexpress.com
Equity indices
 The benchmark equity indices registered their biggest Budget day gains on 
Monday, settling around 5 per cent higher following Finance Minister Nirmala 
Sitharaman’s presentation of Union Budget 2021.
Source: indianexpress.com
Sensex
 The S&P BSE Sensex rallied 2,314.84 points (5.00 per cent) to settle at 48,600.61, 
while the broader Nifty 50 ended at 14,281.20, rising by 646.60 points (4.74 per 
cent).
Source: indianexpress.com
Volumes on the NSE
 Volumes on the NSE were expectedly high on the Budget day. Except pharma, 
other sectoral indices ended with a gain of 1-8 percent. 
 Broad market indices - BSE Midcap and Small cap rose 2-3 percent.
Source: indianexpress.com
Privatization
 The Banks, Infrastructure, Materials and Metals sector could be benefitted by the 
privatization and spending thrust in the Union Budget.
Source: indianexpress.com
Budget Provisions
 Nifty has reversed the latest downtrend swiftly due to the Budget provisions. Reaction of 
the FPIs to the Budget provisions will be keenly watched and if they don't seem to mind 
the large absolute fiscal deficit numbers, large Govt borrowing numbers and delay in 
achieving the 3% fiscal deficit targets, this upward momentum can continue.
Source: indianexpress.com
Boon for the equity market
 The Union Budget 2021 is a boon for the equity market with all the essential aspects of 
growth supported by an increase in government spending without an increase in indirect 
taxes. 
Source: indianexpress.com
Gainers on Sensex
 IndusInd Bank, ICICI Bank, Bajaj Finserv, State Bank of India (SBI), Larsen & Toubro (L&T) 
and Housing Development Finance Corporation (HDFC) were the biggest gainers on the 
Budget day.
Source: indianexpress.com
Equity markets at close
 The S&P BSE Sensex settled at 48,600.61, rallying by 2,314.84 points (5.0 per cent), while 
the Nifty 50 surged 646.60 points (4.74 per cent) to end at 14,281.20.
Source: indianexpress.com
$5 trillion Economy
 This year's Union budget presented by Finance Minister Nirmala Sitharaman was a step 
towards building a $5 trillion economy. 
 The primary focus of this year’s budget speech was the healthcare sector for which the 
government has allocated an outlay of Rs 64,180 crores over six years. 
Source: indianexpress.com