Sensex ends 107 pts lower on budget day; PSU banks rise, Paytm crashes 20%
Markets oscillated in a narrow range on the budget day and settled marginally lower as investors resorted to profit booking at higher levels.
Markets oscillated in a narrow range on the budget day and settled marginally lower as investors resorted to profit booking at higher levels.
In the last ten years, Dalal Street notched its best Budget day gain of 5% in 2021, while it registered its ten-year biggest loss of 2.43% in 2020.
In 18 of the past 29 years, Sensex dipped on Budget day; 2021 was most volatile.
The top gainers on the BSE Sensex pack were ICICI Bank, M&M, Tata Steel, NTPC, and Power Grid Corporation of India.