Finance Minister Nirmala Sitharaman announced a total expenditure estimate of Rs 93,224 crore for the education sector in 2021-22.

The government announced the addition of 100 cities to the city gas distribution network, which further boosted the stock of gas companies. The government informed that the pipelines of GAIL (India) Ltd, Indian Oil Corporation (IOC) and HPCL will be monetised. 

Amid the protests by farmers against the three contentious laws affecting Indian farmers, Union Finance Minister Nirmala Sitharaman announced the Budget for the Indian agricultural sector amidst the sloganeering by the opposition.  

Finance Minister announced a record funding of Rs 1.12 lakh crore outlay for railways, out of which, Rs 1.07 lakh crore is for capital expenditure, the highest-ever till now. 

Today, Sensex is up by more than 1,600 points on an intraday basis and is well on its path to deliver one of the best Budget day performances till date.  

We have taken Nifty 500 universe into consideration and the criteria for volume & price is set as volume traded, which should be greater than its previous session’s traded volume and price should be greater or higher than its previous session's high. In all, 27 stocks are meeting these criteria.

The measures for boosting up the insurance sector were also highlighted during the presentation of Budget 2021. Some proposals were made to amend the Insurance Act 1938.  

The Government of India today announced Capex to the power sector of Rs 5.54 lakh crore in FY22 vs FY21's Rs 4.39 lakh crore. The government announced that power transmission assets of Rs 7,000 crore will be transferred to Power Grid InvIT. The centre will also provide Rs 2 lakh crore to states & autonomous bodies for Capex. 

The Finance Minister announced a sharp increase in the capital expenditure of nearly 34.5 per cent to Rs 5.54 lakh crore for FY 2022 as against Rs 4.39 lakh crore.

The Budget event so far is tilting towards bulls in a big way with Sensex recording gains of more than 900 points on an intraday basis.