CAN YOU EXPECT FROM THIS BUDGET THAT AS THE BUDGET WILL BE DECLARED, SHARE MARKET WILL GO UP OR DOWN INSTANTLY....
CA SANDESH MAHIPAL (Practicing in GST and MSME ) (1985 Points)
20 February 2011CAN YOU EXPECT FROM THIS BUDGET THAT AS THE BUDGET WILL BE DECLARED, SHARE MARKET WILL GO UP OR DOWN INSTANTLY....
praveen
(Chartered Accountant)
(6971 Points)
Replied 20 February 2011
i would like to say that every budget will have positive and negative effects on different types of company.
As the budget is in process on each reform or statement made by the FM the stock prices tend to change. It is a day where many make instant money in the intraday market.
So you cannot say that it will either increase or decrease.
| Originally posted by : praveen | ||
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i would like to say that every budget will have positive and negative effects on different types of company. As the budget is in process on each reform or statement made by the FM the stock prices tend to change. It is a day where many make instant money in the intraday market. So you cannot say that it will either increase or decrease. |
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