- Wealth PMS
How has the market been affected by the Budget? While some stocks remain heavily impacted by specific moves, we look at the market index. Let’s see what happened when the year begun, a month before the budget, the budget day itself and then, a week and a month after.
Here’s what it looks like:
Which tells you something: The market’s already up about 5% from the start of the year – something we last saw in 2009’s interim budget.
There’s no indication that market will actually continue in this direction, but we have seen trends sustain. Let’s see what 2017 has in store!