Short term Impact of Indian Union Budget on Stock Markets - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
Trending
Powered by Blogger.
Monday, January 30, 2017

Short term Impact of Indian Union Budget on Stock Markets


Short term Impact of Indian Union Budget on Stock Markets

Like Equitymaster.com just said, the Union Budget 2017-18 is less than 48 hours away. 

And just like always, there is no dearth of speculators trying to predict the possible announcements and expected market moves. 
As you can see from the chart, there is no clear trend when it comes to market movements pre and post budget. 


Note: Pre-budget data is until the previous day's closing. Post budget includes Sensex close on the budget day. Data for 2017 is from January 2 to January 8. 

If history is anything to go by, all this speculation will go in vain. And while big players can get away with their failed speculative bets, it is the individual investor that will be worst trapped. 

One of our subscribers recently wrote to us seeking stock recommendations that could benefit from the budget. 

I'll repeat a gist of our response for your benefit... 

We're sorry, we don't have any speculative 'tips' based on budget expectations. Don't get us wrong. We closely monitor the outcome of the budget. 

And we will certainly be assessing its impact on various sectors and companies. So stay tuned. And rest assured that we will keep recommending stocks whenever we see value.
Short term Impact of Indian Union Budget on Stock Markets Reviewed by S. Chitra on January 30, 2017 Rating: 5 Short term Impact of Indian Union Budget on Stock Markets Like E quitymaster.com  just said, the Union Budget 2017-18 is less than 4...

No comments:

Google+ Followers