‘Markets didn’t rise because…’: Wisdom Hatch founder as markets shrug off Budget tax cuts

Despite the union budget 2025-26, announcing significant tax aid for the middle class, the markets are closed, which prompts analysts, including the founding of wisdom Akshat Shrivastava.

According to him, Shriscuvian will not grind words. Why is the special tax cuts taken popularity, not a reasonable economic step? This does not solve the growth problem. It just solves the problem of popularity. “

Finance Minister Nirmala Sitaraman’s budget has released from 12 lakhs from income tax to 12 rubles to reorganize tax plates from income tax.

The statement was expected to promote investors’ mood, market response – goal-sensitive with only 5 points, and closed 7,482.

Shrivastava claims that tax reduction, although for affected individuals, does not have a deep economic growth or investor confidence. “It gives the feeling that at least” something “is done for the middle class,” he said, saying that the move is strategic.

Destroying the numbers, Shriscua highlighted a key issue with India’s tax structure. He noted that about 6.5% of the country’s population is income tax declarations, but only 2% of the population actually ends to pay income tax. The new tax cuts announced in the budget 2025-26, this number is expected to leave even more, leaving only 1% of the population, paying taxes effectively.

“This does not build any investor’s confidence,” he said, giving a decrease in the reduced tax base to promote long-term economic growth.

Market experts responded to such moods. Vinod Naire, Geozhit Financial Services, noted that the mixed market response was conditioned by a modest capital expenditures of FY26, especially a number of railways, protection and infrastructure, which will use the most benefits. They had a broad market because of their modest market mix, “Nir explained.

At the same time, Ajit Mishra, the Razore Broking Research SVP, has left until the impact of the budget can be long, marks will probably remain range, as participants expect more simple signals. “Hit can stay around its current levels, as market participants are waiting for the next decisive step,” he said, pointing to the technical resistance at 22.620.