Will the Indian stock market rise or fall after the Budget?

Will the Indian stock market rise or fall after the Budget?

The markets are at an all time high - Nifty50 at above 14,500 levels and Sensex at above 49,500 levels. The indices have almost doubled since the March lows, an increase of 92%. FII inflows, flush liquidity in the system, proactive action by central banks around the world and buzz around new stimulus by the Biden administration are driving the markets not only in India but around the world. The sharp rise has taken most analysts by surprise. The quick turnaround in indices all over the world has given rise to a new breed of Robinhood investors. The Nifty PE …
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