Union Budget 2009-10 can be termed as Rasna delivered in a Mirinda bottle. Functionally there are no problems with the Budget 2009-10, but it certainly didn’t meet the expectations that India Inc had with it. It simply lacked the expected Fizz!
The Finance Minister Mr. Pranab Mukherjee presented the much awaited Union Budget 2009-10 in Lok Sabha, the lower house of the parliament today. at the first glance, the budget lacks most of the expectations that common man as well as corporate india wished for in the Union Budget 2009-10.
Stock Market reaction is considered the barometer of the impact of Union Budget on India Inc. Traditionally, stock markets have witnessed high volatility on the budget day. This time around, Stock Market is looking forward to Union Budget 2009-10 for a clearer direction.