MARKET WITH CHARTEREDS📊
February 1, 2025 at 07:58 AM
*But not everything is Rainbows & Cupcakes for the markets in this Budget!*💢
With ease in the Income Tax burden on the middle class, there are certain sectors which have taken a *HIT!*
After Nirmala Sitharaman completed her proposal,
As of 1:15 pm, 1st February 2025,
NIFTY IT is down by 1.5%
NIFTY METALS down by 2.5%!
*NIFTY ENERGY down by 2.8%!*
NIFTY Finance is also down by 1.5%
With encouraged consumption,
NIFTY Realty is up by 0.8%
BankNifty is up by 0.4%
*Nifty AUTO up by 1.65%!!*
Along with FMCG being the *leader of the pack: being 3.8% up*
Modiji was true to his words; *This budget was indeed for the Middle Class.*
Now the question is, *"Are the Institutional Investors Happy?"*
Regards,
Dinesh Kamath
👍
❤️
🙏
10