The exchanges are currently in discussions to keep markets open on Budget Day, February 1. NSE and BSE are evaluating the operational requirements to facilitate trading on this crucial day, allowing investors to immediately react to Budget announcements.
In previous instances, markets were kept open on:
February 1, 2020 (Budget Day fell on a Saturday)
February 28, 2015 (during the Union Budget presentation)
What do you think?
Should markets remain open on Budget Day to react to announcements?
Yes - It’s a good opportunity for retail investors
No - I don’t think it should be open
0voters
We’d love to hear your opinion. Vote in the upcoming poll and share your thoughts in the comments!
I have traded lot of budget days. For my trading style, any particular day doesn’t matter. My algos are data driven and not day driven. So let the market be open…
Positional trend following system - 4 to 5 days
Intraday momentum system - 15 min
Intraday trend following system - 3 hrs
Intraday option selling - 2 hrs
Budget days don’t affect the markets that much nowadays as compared to early years were most of the economic spending and production were controlled and decided by them.