On Budget Day Nifty Behavior

Nifty’s Movement on Union Budget day since 1999

27th Feb 1999 +5.13%

29th Feb 2000 -5.12%

28th Feb 2001 +4.38%

28th Feb 2002-3.87%

28th Feb 2003+0.19%

08th Jan 2004 +2.54%

08th July 2004 -2.25%

28th Feb 2005 +2.18%

28th Feb 2006 +0.86%

28th  Feb 2007 -4.01%

29th Feb 2008 -1.38%

06th July 2009 -5.83%

26th Feb 2010 + 3.2%

16^th Mar 2011  +4.2 %

14^th Mar 2012  -2.3%