It can vary depending on the specific measures and announcements made in the budget. In general, the stock market may react positively to budgets that are seen as business-friendly and promote economic growth. For example, measures such as reductions in corporate tax rates or increases in infrastructure spending can boost investor sentiment and lead to gains in the stock market. Conversely, budgets that include measures such as increases in taxes or regulations may be viewed negatively by the market and lead to declines. It's also worth noting that the stock market can also be affected by global factors and other news events, and so it's hard to predict how it will react on budget day specifically.

Trading on budget day in India can be a bit more challenging due to the potential volatility in the market and the amount of information and news that is released at once. Here are a few general tips that traders may consider when approaching budget day:

1. Be informed: Keep up to date with the latest developments and announcements related to the budget. This can include reading the budget speech, keeping track of economic indicators, and monitoring news sources.
2. Have a plan: Before budget day, develop a trading plan that outlines your investment strategy, risk management plan, and exit strategy. This can help you stay disciplined and make more informed decisions in a volatile market.
3. Be prepared for volatility: Budget day can be a highly volatile time for the market, so traders should be prepared for larger than usual price movements and increased volatility.
4. Be patient: As the market is usually highly volatile on budget day, it's important to be patient and not to make hasty decisions based on short-term price movements. Instead, focus on longer-term trends and consider how the budget announcements may impact the market over the coming months.
5. Diversify your investments and portfolio: Diversifying your portfolio, leverage Ai-powered tools like life goal designer that can help you plan, assess and spread risk to further help to manage your exposure to different sectors and instruments.

It's important to remember that trading on budget day or any other day is not without risks, and it's crucial to have a sound understanding of the market conditions and economic fundamentals before investing.