How Union Budget Affected Sensex, Nifty Over the Years? (Timeline)

In the past, the announcement of the Indian budget has had either positive or negative repercussions on Indian Stock market.

Jaitley arrives at the parliament to present budget of 2014 — Arun Jaitley arrives at the Parliament to present Budget 2014.Reuters

In the past, the announcement of the Indian budget has had either positive or negative repercussions on Indian Stock market.

Similarly on 10 July, the BSE Sensex opened 68.94 points higher at 25513.74 points, and the NSE Nifty recorded 7589.50 points with an increase of 4.5 points when Finance Minister Arun Jaitley presented Union Budget.

Other budgets too have had an impact on Indian stocks. The table below represents the history of Indian budget from 2006, which had a direct impact on the value of Indian stock indices on that particular day:

Year

Date

(Union Budget)

Sensex

Closing

Nifty

Closing

2006

Feb.