The market will be happy if the increased government revenues are utilised to reduce taxes and boost investments. 

So, between blue-chip lenders and mid-cap banks, which ones should you pick for the long term?

All indices rebounded after initial fall

TECHNICAL ANALYSIS: Momentum indicators show a positive trend; Nifty is above its long-term and short-term moving averages.

Momentum indicators show a positive trend; Nifty is above its long-term and short-term moving averages; the index formed a black candlestick on the daily chart, closing below the previous day’s close, indicating a negative bias.

NSE has a variety of sectoral indices that track specific industry segments; these indices help investors monitor sectoral performances and make targeted investment decisions to diversify their portfolios.

Indian stock market added more than $1 trillion to its market capitalisation with Sensex and Nifty 50 reaching record highs over robust macroeconomic indicators and bullish investors' sentiments.