Budget 2025 sparks surge in consumer discretionary stocks; Voltas, Blue Star, Havells shine after tax relief announcement

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament today, February 1. The budget 2025 along with several key announcements, has given a major boost to the consumer discretionary sector, with shares in key companies jumping significantly after the announcement of Budget 2025.

The introduction of income tax relief, particularly the move to make income up to Rs 12 lakh tax-free, has increased expectations of higher disposable income, and is likely to fuel growth in sectors like consumer discretionary goods.

The announcement immediately impacted the stock market, particularly in the consumer discretionary sector. Companies that rely heavily on consumer spending for goods that are non-essential but highly desirable saw a sharp rise in share prices.

Whirlpool, Kalyan Jewellers and Zomato were among the top gainers in the consumer discretionary space following the announcement. The Nifty Consumer Durables index saw a jump of over 1,100 points during the trading day.

Key stocks to watch in consumer discretionary sector

Several consumer discretionary stocks have caught the attention of investors following the Budget announcement.

Voltas

Voltas share price surged by over 4% following Budget 2025, trading at Rs 1,326.00, up 56.65 points or 4.46% as of 1:55 PM IST.

The share price of Volta’s 52-week high is Rs 1,944.90, while its 52-week low stands at Rs 990.10. Voltas currently holds a market capitalisation of Rs 43.82K Crore.

Also ReadThese key stocks are in focus after the Budget announcements – 5 sectors in spotlight Blue Star

Blue Star saw a major gainer in its share price following the Budget 2025 announcement, with its shares rising by 201 points or 11.18% today, trading at Rs 1,999.00 at 2:00 PM IST.

The company, which specialises in consumer durables like air conditioning and refrigeration, has a market capitalisation of Rs 40.90K crore. The company’s 52-week high is Rs 2,417.00 and the 52-week low is Rs 1,092.00.

Crompton Greaves Consumer Electricals

Crompton Greaves Consumer Electricals, a major player in the consumer electronics and appliances sector also saw a boost in its share price rising by 6.05% on Budget day.

Over the past five days, shares gained 9.24%. Crompton Greaves Consumer Electricals has a 52-week high of Rs 484.00 and a 52-week low of Rs 261.25.

 » Read More

Related Articles

JB Pharma is riding the CDMO Opportunity. Jefferies reiterates buy…

Jefferies has maintained a Buy on JB Pharma with a revised target price of Rs 2,310. The stock currently trades at Rs 1,714/share implying an 34% upside. This new target price is just a shade lower than the previous target price of Rs 2,340. According to Jefferies, an international brokerage house, the growth drivers are

Two banking stocks to watch ahead of the RBI Policy

By Kiran Jani Bank Nifty reached its all-time high of 54,467 in September 2024. Following this peak, the index experienced a correction, dipping to 47,844 in January 2025—a decline of 7.29%. Despite this pullback, Kotak Bank and ICICI Bank showed relative resilience, delivering returns of 1.61% and -4.20%, respectively, during the same period. Source: Investing.com

New Tax Regime: These deductions, exemptions still available for you

The Indian government introduced a new tax regime in 2020, offering lower tax rates while removing several exemptions and deductions available under the old system. Initially optional, this regime became the default in 2023, requiring taxpayers to opt out if they wished to continue under the old structure. Despite the removal of many benefits, certain

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

JB Pharma is riding the CDMO Opportunity. Jefferies reiterates buy…

Jefferies has maintained a Buy on JB Pharma with a revised target price of Rs 2,310. The stock currently trades at Rs 1,714/share implying an 34% upside. This new target price is just a shade lower than the previous target price of Rs 2,340. According to Jefferies, an international brokerage house, the growth drivers are

Two banking stocks to watch ahead of the RBI Policy

By Kiran Jani Bank Nifty reached its all-time high of 54,467 in September 2024. Following this peak, the index experienced a correction, dipping to 47,844 in January 2025—a decline of 7.29%. Despite this pullback, Kotak Bank and ICICI Bank showed relative resilience, delivering returns of 1.61% and -4.20%, respectively, during the same period. Source: Investing.com

New Tax Regime: These deductions, exemptions still available for you

The Indian government introduced a new tax regime in 2020, offering lower tax rates while removing several exemptions and deductions available under the old system. Initially optional, this regime became the default in 2023, requiring taxpayers to opt out if they wished to continue under the old structure. Despite the removal of many benefits, certain

Range bound session: Nifty ends above 23,600, Sensex holds 78,000 led by Adani Ports, Infosys

The stock markets faced a downturn on Thursday, with major indices closing in the red. The BSE Sensex dropped by 213.12 points or 0.27%, ending the day at 78,058.16, while the NSE Nifty 50 saw a decline of 70.15 points, down by 0.3%, and closed at 23,626.15. The Nifty Bank index also ended the day

IT stocks stable as Cognizant raises annual and quarterly revenue guidance

Shares of Indian IT companies are in the spotlight today after the Nasdaq-listed IT services major Cognizant Technology Solutions, reported its Q4 results that exceeded Wall Street expectations. The Nifty IT Index as well as individual tech counters like Infosys, Wipro, Tech Mahindra and HCL Tech are all in the green even as the markets