Share market has shown the negative signs afterFinance Minister Nirmala Sitharaman presented the general budget on February 1. Many announcements were made in the budget covering different sections of society which includes farmers, women, youth, students. At the same time, the corporate sector showed sign of relief. However, the immediate reaction of the stock market did not go well with this budget of Nirmala Sitharaman. As a result of this, 3.46 lakh crore rupees of investors were drowned in one day.
On Saturday, the Sensex saw the biggest decline of 10 years on the budget day. At the end of trading, the Sensex closed at 39,735.53 points, a loss of 987.96 points or 2.43 per cent. Similarly, the Nifty fell 300.25 points or 2.51 percent to 11,661.85 points.The stock market is not traded on Saturday on a weekly holiday, but this time the market was open due to the general budget.