The Union Budget 2025 presentation will cause the National Stock Exchange of India (NSE) and the BSE to have full trading on Saturday, February 1, the exchanges announced on Monday.
“Exchange shall be conducting a live trading session on February 1, 2025, due to the presentation of the Union Budget,” the exchanges stated in a circular.
Remember how markets were closed on Saturday, February 28, 2015, and Saturday, February 1, 2020, for the introduction of the budget? “Members are requested to note that the “T0” session shall not be scheduled for trading on 01-Feb-2025 due to the settlement holiday,” said the NSE.
The commodity derivatives market will operate until 5 p.m., while the equities markets will continue their usual trading session until 3:30 p.m.
The massive task of document preparation is handled by the finance ministry’s Department of Economic Affairs. In terms of projected spending and revenue, the Union Budget, a yearly process, demonstrates the state of the government’s finances. Additionally, it is a document that highlights new financial ideas and schemes that the Center hopes to implement in the next fiscal year.
