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Markets cheer Union Budget 2021: Investors get richer by ₹5.25 lakh crore

Feb 01, 2021 17:54 IST

Indian markets cheered the Budget 2021 with investor wealth jumping by Rs 5.25 lakh crores. A number of announcements for healthcare, auto and infra gave a fillip to the stock market as benchmark indices surged over 4 per cent after the Finance Minister concluded her Budget speech. In her Budget 2021 speech, Finance Minister Nirmala Sitharaman pegged fiscal deficit at 9.5% of GDP. She also laid out capex plan of Rs. 5.54 trillion for FY 21-22 in comparison to the last year's outlay of Rs. 4.39 trillion.

 

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