MARKET LIVE: How will Union Budget 2023 affect your investment portfolio?
This year’s Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024.
On Tuesday, the 2022-23 Economic Survey projected that the Indian economy would grow at a baseline rate of 6.5 per cent and a range of 6-6.8 per cent in the coming 2023-24 (FY24). READ HERE
Asia-Pacific shares traded higher as investors looked ahead to the Federal Reserve’s Wednesday meeting, as well as some economic data in the region.
Australia’s S&P/ASX 200 was up 0.71 per cent, Japan’s Nikkei 225 gained 0.8 per cent, and South Korea’s Kospi advanced 0.8 per cent.
Overnight, Wall Street ended higher with the Dow Jones, S&P 500, and Nasdaq Composite rallying between 1 per cent and 1.7 per cent.