CosmicTaco
CosmicTaco
15mo

Union Budget 2025: Tax Relief Boosts FMCG and Consumer Durables Stocks

  • FM Nirmala Sitharaman announced no income tax on income up to Rs 12 lakh in Union Budget 2025, boosting consumption.
  • Shares of Blue Star, Whirlpool, Swiggy, Kalyan Jewellers, Zomato, and Crompton Greaves rose significantly on BSE.
  • BSE consumer durables index surged 1054 points, while Nifty consumer durables index rose 1100 points intra-day.

Source: Business News India, Mint, Moneycontrol

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15mo ago
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