1/7/2024, 2:22:02 pm

Budget 2024: Deciding investments based on expectations? Don’t!

A study by Capitalmind Financial Services found that India's top 500 companies provided a median return of -0.1% across 24 Budget days since 2000, implying that Union Budgets have little impact on stock performances. The study advises long-term investors to avoid making investment decisions based on Budget announcements, instead focusing on underlying corporate earnings growth.