With the Union Budget likely to be tabled on a trading holiday (Saturday, February 1), stock exchanges are most likely going to work an extra day next month.

While BSE is on record saying it is looking to open for trading on the Budget day, NSE says it has nothing share on the subject as of now.

In 2015, when the then Finance Minister Arun Jaitley presented the Budget on a Saturday, February 28, stock exchanges remained shut.

BSE is indeed looking to open for trading on the Budget Day this time, and a circular would be out regarding the same within a week, a BSE spokesperson told  to the Media person, But, the NSE spokesperson said  he has no comment to make on the matter.

For Budget 2020, there are expectations of some relief on the personal tax front, even though there seems to be limited fiscal space for the government to offer a large relief.

Some analysts hope that the Finance Minister would remove the long-term capital gains (LTCG) tax since it has hardly yielded anything to the government. They say the security transaction tax (STT) can be increased instead.

Besides, the market is hoping for a few sops for insurance, realty and auto sector.