Brief by Shorts91 Newsdesk / 04:12am on 23 Jul 2024,Tuesday Business
The Indian stock market opened on a positive note ahead of the Union Budget announcement by Finance Minister Nirmala Sitharaman. The NSE Nifty 50 rose 0.24% to 24,568.9, while the S&P BSE Sensex gained 0.28% to 80,724.3. Financials and public sector companies led the gains as investors eagerly await policy announcements in the Budget. The market is expecting key reforms and initiatives that could boost economic growth. The Budget speech is expected to outline the government's fiscal plans and priorities for the upcoming year, which could impact market trends and investor sentiment.