India Union Budgets and Equity Returns

Budgets since 2000 to 2023, major announcements, whether +ve neutral or -ve for investors, CNX500 Total returns leading up to, on and after announcement

CNX500 Total Returns. Budget Day Return - Next day if budget was on trading holiday. Investor Perspective - Subjective assessment from equity investor's pov.
Chart: CapitalmindSource: Capitalmind Research, rbidocs.rbi.org.in, indiabudget.gov.in