For Quick Alerts
For Daily Alerts

Sensex Reaction to Union Budget Over Past 10 Years


Sensex which is one of the equity benchmarks in India has either reacted positively or negatively on the Union Budget announcement day. A month's performance of the equity markets ahead of the announcement of budget plays a very important role in determining the market's sentiments.

The viral outbreak of coronavirus in the neighbouring country China and its outspread to over 18 countries so far have toppled the global equities markets.

Sensex Reaction to Union Budget Over Past 10 Years

The market is expecting bigger reforms from the current Finance Minister - Nirmala Sitharaman to address the economic loopholes aggressively. With the growth of the Indian economy under the shadow, the government is likely to announce sops to commence a road map for economic recovery.

Let's have a look at how Sensex performed on the big day over past 10 years:

Union Budget 2010

Presented by the then Finance Minister - Pranab Mukherjee on February 26, 2010. The Sensex gave a positive return of 1.08 percent as the fiscal deficit stood at 5.5 percent.

Union Budget 2011

The Finance Minister Pranab Mukherjee presented the budget on February 28, 2011. On this day, Sensex gained marginally by 0.69 percent. Fiscal deficit was at 4.6 percent.

Union Budget 2012

The Union Budget for 2012 was presented by Pranab Mukherjee for the last time under the UPA government regime on March 16, 2012. Fiscal deficit target was set at 5.1 percent. Sensex ended with a loss of 1.19 percent.

Union Budget 2013

Presented by Finance Minister - P Chidambaram on February 28, 2013, the fiscal deficit was contained at 5.2 percent. Sensex fell 1.52 percent.

Union Budget 2014

P Chidambaram presented the budget on February 17, 2014, and the fiscal deficit was targeted at 4.1 percent. Sensex curtailed by 0.28 percent, the declining trend continued for three consecutive days.

Union Budget 2015

Presented by Finance Minister, Arun Jaitely on February 28, 2015, pegged fiscal deficit at 3.9 percent of gross domestic product (GDP). On this day, Sensex ended at a higher note by gaining 0.48 percent.

Union Budget 2016


Arun Jaitley presented the budget on February 29, 2016, and stuck to the fiscal deficit of 3.5% of GDP for fiscal 2016 -17. Sensex on this day lost 0.66 percent.

Union Budget 2017

Arun Jaitley presented the Union Budget for 2017 on February 1 and Sensex rose by 1.76 percent, marking its highest Budget Day since 2010. The government recommended a fiscal deficit of 3 percent of GDP.

Union Budget 2018

Former Finance Minister - Arun Jaitley's last budget was presented on February 1, 2018, with fiscal deficit pegged at 3.3 percent of GDP. On this day, the Sensex fell slightly by 0.16 percent.

Union Budget 2019

Piyush Goyal, the acting Finance Minister presented the Union Budget for 2019 on February 1, 2019, and kept the fiscal deficit target at 3.4 percent of GDP. Sensex gained 0.59 percent.

Read more about: sensex union budget budget 2020
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more