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Below is Post Budget Comment By Dr. Mohit Batra, Founder and CEO, MarketsMojo 

The Union Budget for this year has been well received by the market and investors alike, delivering a much-needed appreciation of the potential of Artificial Intelligence (AI).  

As pioneers of AI-driven advisory in the equity space, we are excited to witness the nationwide revolution of AI being ushered in by these new budgetary changes. AI has the potential to revolutionize the investor experience and bring about increased efficiency by optimizing investment decisions.

Putting a greater emphasis on investing in technology, this budget is certainly future-proof and reflective of the value AI can bring to India. We at our AI-focused firm are highly optimistic about the opportunities that lie ahead with AI taking center stage.

Furthermore, the market's concerns regarding the capital gains tax have been put to rest. With the budget leaving capital gains tax untouched means that investors can continue to benefit from capital growth without worrying about higher taxation.

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