SGX Nifty signals a positive start for Nifty on Budget day

Bulls to regain further strength in the early part of the session on crucial Budget day. As usual, volatility will continue as the Finance Minister, Nirmala SItharaman is all set to unveil the Budget 2022-23 at 11 am in Parliament.

Experts said the swing will be more at micro level, as stocks will react to sector-specific announcements.

SGX Nifty at 17,510, indicates a 150-point gap up opening for NIfty futures, which on Monday closed at 17,362. Tracking a strong rally in the US stocks overnight, equities across Asia Pacific region too opened on firm note on Tuesday.