Advertisement
Monday, Jan 17, 2022
Outlook.com
Outlook.com

BSE To Open For Trade On Union Budget Day

The BSE will be open for trading on February 1, on account of the Union Budget

BSE To Open For Trade On Union Budget Day
BSE To Open For Trade On Union Budget Day
outlookindia.com
2020-01-22T14:18:59+05:30

The BSE will be open for trading on February 1, on account of the Union Budget, even though it will be on a Saturday.

Trading timings would be from 9.15 a.m. to 3.30 p.m. and the pre-open trade would be held during 9 a.m. to 9.15 a.m., the exchange said in a notice late on Tuesday. Generally, stock markets are closed on Saturdays.

In 2015 too, the exchanges were open for usual trade on a Saturday as then Finance Minister Arun Jaitley presented the Union Budget on February 28.

The stock markets along with all the sectors of the economy have a lot of expectations from the Budget as it comes at a very crucial time when the country is going through a slowdown and inflation rates are very high.

The growth rate of India's gross domestic product (GDP) slowed down to 4.5 per cent in the July-September quarter, the weakest pace since 2013, on weakening demand and private investment, putting pressure on the government to speed up reforms as five rate cuts by RBI have failed to help.

The government earlier in the month forecast a 5 per cent growth for the current financial year, the slowest in 11 years.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement