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Below the Expert views on Budget 2025 by Dr. Sagnik Bagchi, Assistant Professor, Economics (School of Business Management) NMIMS Mumbai

The stock market response has been mixed and been cautious. Initially, after days of high volatility, the Indian stock market has responded well to the budget proceedings. NIFTY50, NIGTY Bank, FINNIFTY and other indices of the Indian market have shown an increase but goes down by about 2-3%. The announcement of increasing no income tax slab has just moved the mood of stock market cautiously upward but yet to gain back the initial momentum.
The sustained focus on capital expenditure by Government of India has created a positive momentum for infrastructure and its related sectors. Key sectors like insurance, energy and power, banks, FMCG had a positive impact. The market also witnessed fluctuations of 2-3% depicting a cautious approach.

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