Budget 2024: How have markets reacted to previous Union Budgets?

The budget for 2020 received a negative response, with Nifty closing 2.5 percent lower on the day.

The Budget for 2021 received a highly positive response from the market, with Nifty closing the day with a strong increase of 4.7 percent.

The Budget for 2022 saw the Nifty experiencing its fourth-worst month between 2011 and 2022, with a decline of 4.5 percent.

In the budget for 2023, the Sensex rose over 1,100 points, reaching a peak of 60,773.44, while the NSE Nifty 50 surpassed the 17,970-mark.