Union Budget 2025: Finance Stocks Soar - What's Behind the Surge?
The recent Union Budget 2025 announcement has sent finance stocks skyrocketing, with notable gains in companies like L&T Finance, Mahindra & Mahindra Financial Services, and Shriram Finance. Investors are optimistic about the budget's provisions, which are expected to boost economic growth and fiscal stability. As a result, shares of these finance companies have seen significant increases, with L&T Finance rising 2.4 per cent, Mahindra & Mahindra Financial Services gaining 2.95 per cent, and Shriram Finance up by 2.75 per cent, driven by positive market sentiment and economic growth prospects. This uptrend is a testament to the budget's potential impact on the financial sector, with investors eagerly awaiting further developments. Key sectors like financial services and banking are likely to benefit from the budget's initiatives.
