Unless the proposals touching the market, there will be a gap of 5 to 10 percent

Ahmedabad. 31 January 2020, Friday

After all, the market that was eagerly awaited was the budget's tomorrow. The release will take place on February 7. Finance Minister Nirmala Sitharaman will present the first full budget tomorrow after taking over power at the Center. Market analysts and analysts believe that if the budget is not presented tomorrow, the market will lose 5 to 5 percent of its current headline if there are no favorable proposals touching the stock market and the economy.

The US-China trade war has continued to hit historic highs in the calendar year of 9, with the Nifty-1 gaining in the calendar year of the continuation of the new takeover by foreign investors. But whether these high headlines will stay in the future depends on budget proposals like other factors.

Experts say that the reduction in corporate tax by the government last year has given the companies relief. This did not provide any relief to the market. The budget is expected to be announced tomorrow, with the market calculating that there will be ads touching the market and it is sitting towards the budget.

The market is expected to announce the reduction of personal tax in tomorrow's budget, elimination of tax on long term insurance, reduction of dividend distribution tax, relaxation in STT and other touches touching the market.

However, for the government to declare large-scale concessions is a matter of chewing iron fodder. Following the government's earlier advertisements, there is an unbearable burden on the government treasury. So now less likely to be even more promising ads.

Experts, including the market, are watching the fiscal deficit figures. Most analysts and experts believe that if the financial sector jumps to the surface of 5.5%, the bond market will be adversely affected. Thus, if there are no important advertisements touching the market in tomorrow's budget, then the stock market will fall by 3 to 5 percent.