Gopocket

SKY is conducting an *Online Free Seminar* on *Options Technical Strategy (Telugu)* Date: Feb 05, 2025 07:30 PM IST Registration: https://skybroking.com/seminar/20250205_1930/?refer=ONLINE&mode=TG

SKY is conducting an *Online Free Seminar* on *Commodity Market for Beginners (Tamil)* Date: Feb 04, 2025 07:30 PM IST Registration: https://skybroking.com/seminar/20250204_1930/?refer=ONLINE&mode=TG

Opening Bell: Nifty at 23261.15 (-221), Banknifty at 48951.35 (-555.60), SENSEX at 76847.15 (-658.81)

Key sectors like insurance, FMCG power, infrastructure and banks are on investors’ radar amid the Budget impact on the share market.

Railway stocks declined over 6% after no significant announcements for the sector in the Budget 2025. Rail Vikas Nigam, Titagarh Rail Systems, Ircon International, IRFC, Texmaco Rail & Engineering, Jupiter Wagons declined up to 6%.

Budget 2025 Share Market Impact LIVE: Sensex slipped over 300 points, while the Nifty 50 was below 23,500 after the Budget speech. Midcap and smallcap indices also traded lower. Among sectors, Nifty FMCG, Nifty Realty, Nifty Auto were in the green, while Nifty IT, Nifty Metals, Nifty Financial Services, Nifty PSU Banks led losses.

Indirect taxes Proposals relating to customs aim to rationalise tariff structure and avoid duty inversions, Ms. Sitharaman announces. For industrial goods, the Finance Minster announces: Removal of seven tariff rates. “After this, there will be only 8 tariff rates including zero rate.” Apply appropriate cess to broadly maintain effective duty incidents except on a few items. Levy not more than one cess or surcharge. Propose to exempt Social Welfare Surcharge on 82 tariff lines.

Gopocket Live Updation (Budget 2025): Shares on spotlight after FM Sitharaman's Income Tax announcement HUL, Godrej CP, Trent, Voltas, ITC, DMart shares rise after FM says No income tax payable for those with income up to ₹12 lakh under the new tax regime.

Budget Estimates for 2025-26 Total receipts other than borrowing: ₹34.96 lakh crore Total expenditure: ₹50.65 lakh crore Fiscal Deficit: 4.4% of GDP. To finance the fiscal deficit, the net market borrowings from dated securities are estimated at ₹11.4 lakh crore.