4 Feb 2020

Share Market Getting Back on Track

Since the day Union Budget was presented, the stock has shown the negative signs but finally the stock market has completely recovered from the shock of the budget day. On Tuesday, trading in the stock market started in the green mark and the Sensex crossed at the level of 40 thousand. The Bombay Stock Exchange Sensex opened 206 points higher at 40,178 at the start of trading. Later, the rise is being seen continuously. The Sensex rose by 460 points at 9.33 am to reach the level of 40332. All sectors are running in green.

The Nifty has also crossed the 11,800 level. The National Stock Exchange (NSE) Nifty opened 62 points higher at 11,786.25 on Tuesday.

On Saturday, the stock market had broken nearly 1000 points on the budget day and the Sensex closed at 39,735.53. It is believed that the stock traders are not happy with the budget, as there is nothing motivating in the budget for their sector. A slight improvement in the budget gave people a sigh of relief.

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