Chart: Past Budget Day Moves For Stocks

How do budgets work with markets? Let’s see the market moves and expectations in context of both the budget day move in the market index (Nifty) and the day prior. Hardly any correlation, but you can see that we’ve have benign moves the last three years. Is 2013 going to be different?

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How do budgets work with markets? Let’s see the market moves and expectations in context of both the budget day move in the market index (Nifty) and the day prior. Hardly any correlation, but you can see that we’ve have benign moves the last three years. Is 2013 going to be different?

[via Capital Mind]

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