The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are reportedly considering keeping the markets open on Saturday, February 1, 2025, the day of the Union Budget announcement. According to CNBC-TV18, the exchanges are discussing this move to provide investors the opportunity to trade on such a significant day.
This wouldn’t be the first time markets operated on a Budget Saturday. Similar arrangements were made on February 1, 2020, and February 28, 2015, aligning trading hours with regular market timings.
Another report by ET Now mentioned that the exchanges would evaluate operational requirements to facilitate trading on Budget day.
Why is Budget Day Significant for Stock Markets?
The Union Budget, presented annually by the Finance Minister, comprises an expenditure plan, revenue estimates, and new policies that the government will undertake during the coming fiscal year. It tends to result in immediate reactions within the stock market, as it affects various sectors and businesses.
This is a pan-India budget consultation being prepared by the Department of Economic Affairs in the Finance Ministry. Finance Minister Nirmala Sitharaman would present her eighth consecutive Union Budget in 2025.
Investors and traders are awaiting word from the exchanges about final decisions on market operations for February 1.
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Source: Moneycontrol
News Desk
