Market Outlook for Budget Week

Posted By : Kishore B.S

Points to keep in mind this week,

Parliament session will be began from today. Many important bill like Insurance Bill, Land Acquisition Bill etc are pending for approval.

These week is important for the market. Thursday will be announced Rail budget, Friday for Economy Survey and Saturday will Budget. Thursday will be derivative expiry. Market will be open on Saturday on account of Budget. It is expected to see a stock specific action in the market ahead of Budget.

US market surged over half percent on last Friday as investors await progress on Greece’s bailout extension as agreed on Feb. 20. The government in Athens has until the end of Monday to complete a list of policies in return for a four-month extension of bailout funds after talks concluded late on Feb. 20. Asian markets gained as Nikkei surged to 15-year high.

Cheers!!
Team SMI

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