"Stock Market Reaction on Budget 20 I 0"

Authors

  • Richa Joshi lecturer, Ttrinity institute of Profesuinnal Studies,, Delhi (Affiliated to GGS lndraprastha Uni venity)
  • Supriya Maheshwari lecturer, Ttrinity institute of Profesuinnal Studies,, Delhi (Affiliated to GGS lndraprastha Uni venity)

Keywords:

Finance Minister, Union Budget, Stock Markets, personal tax

Abstract

Finance Minister Pranab Mukherjee  on Friday 26 February, 2010 came  out with a Union Budget 2010 that  could be described as a fine balancing  act. The Union Budget 2010 managed  to spring up quite a f ew surprises.  With the Indian Stock Markets  anxiously waiting for the budget, it  was a stock market friendly budget to  say the least. While a lower fiscal  deficit in the financial year ahead,  resulting in a lower government  borrowing, soothed the stock markets'  nerves, an overhauled personal tax  structure provided relief to individual  taxpayers. Not surprisingly, stock  markets gave a rousing welcome to  the Budget and rose immediately as  the FM presented his speech.  

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Published

2010-12-10

Issue

Vol. 1 No. 1 (2010): Trinity Journal of Management, (Jan-Dec), 2010

Section

Articles

License

Copyright (c) 2010 Trinity Journal of Management, IT & Media (TJMITM)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

"Stock Market Reaction on Budget 20 I 0" . (2010). Trinity Journal of Management, IT & Media (TJMITM), 1(1), 22–28. Retrieved from https://acspublisher.com/journals/index.php/tjmitm/article/view/1377