Last week, India’s first female finance minister in almost five decades, Nirmala Sitharaman presented the 2019 Union Budget after the BJP-led NDA Government won the elections with a thumping majority in May, this year. The budget did not have much of good news for investors, companies and stock markets – on the contrary, few of the budget proposals, spooked the stock market, leading to the S&P BSE Sensex posting its worst single day fall of 2019, plummeting by 908 points to touch an intraday low of 38,605.