💨 Abstract

Indian shares ended little changed on Saturday, with a mixed response to the annual federal budget. The budget announced a modest increase in government capital expenditure and plans to boost consumption by cutting personal taxes. While this was a relief for consumption-linked sectors like fast-moving consumer goods, auto, and realty, it put pressure on industrial and infrastructure firms. The Nifty 50 and BSE Sensex closed with minimal changes.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖