India

Ahead of Budget, Sensex & Nifty Tread With Caution After Opening In Green

By
OB Bureau

New Delhi: Despite BSE Sensex and Nifty opening in green, the Indian equities traded cautiously ahead of the Union Budget 2024 presentation on Tuesday.

Sensex remained flat at 80,384.82, a drop of 0.15% or 117.26 points around 10.16 am. Nifty drops to 24,454.10, a 0.23% drop of 55.15 points around the same time.

Sensex had climbed over 250 points as markets opened at 9.15 am. But, the gains in the early trading were wiped out.

Sensex closed at 80,502.08 while the NSE benchmark ended at 23,537.85 on Monday.

The BSE Midcap and Smallcap indices were trading in the red till the filing of the report. Among sectors, selling was seen across IT, metal, oil and gas, and media names, while buying was seen across capital goods, FMCG, power and realty stocks.

Finance Minsiter Nirmala Sitharaman will present the Budget 2024 around 11 am in Parliament for the seventh consecutive time.

According to reports, she had reached the Parliament and called on President Draupadi Murmu with her team to brief her about the Budget. The Budget papers had already arrived at the Parliament.

OB Bureau

Recent Posts

Tragic Accident In Baliyatra: +2 Student Dies after Accidentally Touching String Lights

Cuttack: A promising youthful life ended in Cuttack on Sunday as a sophomore was electrocuted…

November 18, 2024

‘Kantara: Chapter 1’ Release Date Announced; Check Here

Mumbai: Ever since ‘Kantara’ became a phenomenal hit in 2022, movie lovers have been yearning…

November 17, 2024

Sarpanch’s Husband & Samiti Member Attack Each Other, Admitted In Hospital In Odisha’s Nayagarh

Bhubaneswar: The husband of a sarpanch and a panchayat samiti member were critically injured as…

November 17, 2024

Air Quality In Delhi Turns ‘Severe+’; GRAP 4 Curbs To Be Implemented From Monday

New Delhi: Pollution in the national Capital is going from bad to worse. As Delhi’s air…

November 17, 2024

Odisha Govt To Come Up With New Policy On Road Construction

Bhubaneswar: In order to streamline the road construction works, the Odisha government is planning to…

November 17, 2024

Trailer Of ‘Pushpa 2 The Rule’ Gives Fans Goosebumps [Watch]

Patna: The trailer of ‘Pushpa 2: The Rule’, one of the year’s most anticipated films, is…

November 17, 2024

Trailer Launch Of ‘Pushpa: The Rise’: Stampede-Like Situation At Patna’s Gandhi Maidan

Patna: It was one of the most anticipated events in the Indian film industry -- the…

November 17, 2024

Elephant Census Begins For 2nd Time In Keonjhar Division Of Odisha

Bhubaneswar: With Odisha government taking a serious note of unnatural death of elephants, the Forest…

November 17, 2024