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The Dow Jones Industrial Average rose 19.6 points, or 0.06 per cent, at the open to 35151.47.

The benchmark paper yielded 6.89 per cent in afternoon trade, compared with 6.65 per cent in the morning trade Tuesday, just before Finance Minister Nirmala Sitharaman began her Budget speech.

Sitharaman proposed increasing the size of the economy’s annual spending to 39.5 trillion rupees ($529 billion) to support growth plans.

The focus on infrastructure spending, huge thrust on capex by the government - seven lakh crores on its own, ten-and-a-half lakh crores with the states - will have a catapulting effect on the economy with a 4X multiplier, says Piyush Goyal

The private investment that the government is understandably hoping to attract faces a significant hurdle at the present juncture - a massive hardening of borrowing costs in the economy

The government has surely come a long way in its stance towards crypto in the last year. Many hope that this positive outlook towards cryptocurrencies will continue to mean good things for cryptocurrencies and their various applications: Web3, dApps, DeFi, and others.

If Nifty slips under any consolidation, the level of the 50-DMA should extend a good support on a closing basis

The Union Budget announcements made way for digital rupee, which could be the next phase of growth in the digitisation of financial services and payments in India and will bring efficiency of transactions

“I am pessimistic on currency, extremely pessimistic on bonds and neutral to bullish on equities through the lens of Budget.”

Consolidated revenue from operations in the quarter under review stood at Rs 1,111.22 crore, as against Rs 559.86 crore in the year-ago period, it added.