Budget 2024: Nirmala Sitharaman’s Budget must balance welfare and capex amid coalition politics. Risks are capital gains tax hike, populist measures, and STT increases on equity sales and F&O. High Sensex, Nifty raise RBI, Sebi concerns. Robust GST, RBI dividend, asset monetisation help. Economic Survey critiques speculation. SAMCO, Bajaj, Windmill highlight volatility risks.