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

Army Officer’s Fiancee Narrates Police Custody Ordeal In Bhubaneswar; Alleges Sexual Assault

Bhubaneswar: As the alleged custodial assault of an Army officer and his fiancée at Bharatpur…

September 19, 2024

Lab Report Confirms Tirupati Laddoos Contain Beef Fat & Fish Oil; CBI Probe Demanded

Hyderabad: The row over Tirupati Prasadam is set to escalate after a lab report confirmed…

September 19, 2024

Kolkata Rape-Murder: Was Sandip Ghosh Taking Orders On Phone After Doc’s Body Was Found?

Kolkata: Chief Justice of India (CJI) D Y Chandrachud observed during Tuesday’s hearing in the…

September 19, 2024

Irate Tribals Lay Siege To Police Station In Odisha’s Rayagada

Rayagada: A large number of irate people armed with traditional weapons laid siege to Kashipur…

September 19, 2024

Odisha Congress Holds Protest Against ‘Threats’ To Rahul Gandhi; Moves Police For Action

Bhubaneswar: Congress workers and leaders staged a demonstration in Bhubaneswar on Thursday protesting ‘derogatory’ statements…

September 19, 2024

144/6 to 339/6: Ashwin (102*), Jadeja (86*) Script Stunning Recovery In 1st Test Vs Bangladesh

Chennai: India’s spin twins Ravichandran Ashwin and Ravindra Jadeja did not get the ball in…

September 19, 2024

4 Injured As 2 Groups Clash In Odisha’s Bhadrak, Prohibitory Orders Clamped

Bhadrak: At least four people were injured, one of them critically, after two groups entered…

September 19, 2024

Israeli Citizen Arrested For Iran-Assisted Plot To Assassinate PM Netanyahu & Others

New Delhi: An Israeli citizen was arrested by police on Thursday for allegedly planning to…

September 19, 2024