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Budget proposals on these 5 broad themes could cheer market

The S&P BSE Sensex plunged by about 3000 points from the lifetime highs of 50,184 while Nifty50 breached 14,000 levels for the first time since January 4 on Wednesday.

January 28, 2021 / 12:56 PM IST

The Union Budget, which will also be the first since the pandemic, has kept everyone from investors, industrialists, analysts to policymakers on toes.

In the lead-up to the premier event, the market has fallen over 4 percent after forming lifetime highs on January 21 when Sensex breached the 50,000 landmark and Nifty surpassed 14,700 for the first time.

The S&P BSE Sensex has fallen by 3000 points, while the Nifty50 breached 14,000 levels for the first time since January 4 on Wednesday.



It expects the FY22 Fiscal deficit to be at 5.0% and reach towards 3% fiscal deficit by FY25. The move will be overall positive for the market.