Friday, August 07
This Budget is being presented at a time when market conditions are extremely unsettled. Broader investor sentiment is weak, market participation is thin, and risk appetite remains subdued, but for the trading bounce in the last few trading sessions. The rupee has slipped to fresh lows, hovering close to the 92 mark, while trade uncertainties and geopolitical tensions continue to weigh on market sentiments. Notably, there is little visibility on any meaningful resolution to the US trade negotiations. This is the challenging backdrop against which the Budget is being unveiled.The key question, therefore, is whether the Budget can do anything spectacular to revive market sentiment. Unfortunately, one is not sure whether the budget will provide the required refuge for battered investors to hi
After gold and silver slipped sharply on Friday (January 31) from record levels, commodity-based ETFs tracking the precious metals witnessed an even steeper fall, reflecting the impact of the selloff in the precious metals space.According to a report by ETBureau, the spot gold fell 5.4% to Rs 1.66 lakh per 10 grams, losing Rs 9,545 from Thursday’s close. Silver saw a steeper correction — dropping 10.7% — to Rs 3.39 lakh per kg.The correction in spot prices extended to metal ETFs as investors locked in gains after a robust January rally.Also Read | Budget 2026: Mutual fund industry seeks debt indexation return, ELSS relief and MF pension schemesSatish Dondapati, Fund Manager, Kotak Mutual Fund, said that the gold and silver prices witnessed a sharp selloff, falling around 5% and 11% r
ET NOW is set to deliver wall-to-wall coverage of Budget 2026, offering viewers sharp insights, real-time analysis, and expert perspectives on what the budget means for India's economy, markets, industries, and households.Live coverage begins at 7 am on Sunday, February 1, with programming focused on setting the context, expectations, and big numbers to watch. This will be followed by the Finance Minister's Budget speech live at 11 am, and detailed decoding of key announcements, policy measures, and fiscal priorities through the day.The channel's panel will be led by economist Swaminathan S Anklesaria Aiyar and will include Rohington Sidhwa of Deloitte; George Joseph of ASK Investment Managers; R Gopalan, former union finance secretary; Dinesh Kumar Khara, former chairman, SBI; and Abhishe
The benchmark indices have exhibited subdued performance on the day of the Union Budget over the last decade. The Nifty 50 and the BSE Sensex moved less than 1% on fi ve occasions during this period. However, both were relatively stronger a week after the key event, with gains recorded on seven out of ten occasions.A month after the budget was announced, the Nifty witnessed swings of around 8% on either side during the period under review. Besides, the benchmark indices rose on six out of ten occasions three months after the budget, except for the steep 20% fall in 2020. In 2025, both Nifty and Sensex jumped nearly 4% three months after the Union Budget.The broader market has mirrored the benchmark performance on the Budget even s. e rose Day. In the last seven Union Budgets, the Nifty Mi
