Sat Feb 01 13:10:00 IST 2025: ## Budget 2025 Cautiously Received by Indian Stock Market
**Mumbai, India** – India’s benchmark Sensex and Nifty indices experienced a slight dip during a special Saturday session dedicated to the Union Budget 2025, following a four-day rally. However, the losses were tempered by strong performance in consumption-related sectors.
The reduction in personal income tax rates, designed to stimulate consumer spending in Asia’s third-largest economy, fueled significant gains. The fast-moving consumer goods (FMCG) sector saw a 3.1% increase, while the auto sector climbed 2.1%. Market analysts from firms including Samco Securities and Kotak Mahindra AMC offered varied perspectives on the budget’s impact, generally noting a cautious optimism amidst the initial market reaction. The overall sentiment suggests a wait-and-see approach as investors assess the long-term effects of the budget’s provisions.
First Piper 