Effect of Budget-2019 on Stock Market

reaction of market

Budget of Modi 2.0 has came and It Will some how effected stock market upto some measures. 

Finance Minister Nirmala Sitharaman today unveiled the Budget for FY20, seeking to reverse weakening growth and investment that threaten to take the shine off a recent landslide election victory. 

Also It has several major points which will cause movement in major industries.

Budget of Modi 2.0 was big but I am writing main points that Will effect major sector of stock market.

budget on market

1. Finance minister nirmala sitharaman in her Maiden budget speech, urged SEBI to increase Minimum Public Holding In listed firm to 35% from 25%.
2. It is urged by government which should be followed by SEBI, and If this happens then, Many company should increase Public share holding Pattern by 25%
3. So, how It will effect market, as If It is followed in few Time later, for increasing share holding, rate of few stocks will be Temporary affect in Negative manner.
4. If SEBI goes MAJOR MNC and companies with High promoter sharing pattern will see negative action in market.
5. At present,Over 1,400 listed companies where promoters had over 65% stake as of latest regulatory disclosure.
6.  6.Let me tell you, Over 40 PSU's with public holding lower than 35%
7.  Out of these, 28 still needs to pare down promoters stake to meet earlier guidelines of  25% stake to go public, means 28 have less than 25% public holding.

This is list of some companies with there share holding pattern-

list of some companies

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