Capital expenditure will likely remain the focus of the hour given the government's reluctance to blow the coffers to provide direct support to consumers, who have been hit hard by the vagaries of the pandemic.
The biggest day in the financial year in the country is here. While the hype around the Budget this year is muted thanks to the meltdown in global stocks caused by the US Federal Reserve's aggressive pivot towards fighting inflation, the event still holds importance for the domestic investors. For seasoned traders, it is the day they await all year due to immense volatility in the market caused by the finance minister's speech and as the market digests the fine details of the Budget document.
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