Budget day share market data 2024?

The Union Budget 2024 had a significant impact on the Indian stock market. After the budget announcements, the market declined, with the NSE Nifty 50 and S&P BSE Sensex dropping about 1% each. The Indian rupee also hit a record low of ₹83.69 against the US dollar ¹. The budget proposed higher capital gains taxes and levies on derivatives trading, which disappointed investors. Short-term gains on financial assets were taxed at 20%, up from 15%, while long-term gains on all assets faced a 12.5% tax, up from 10% ¹. Here's a brief overview of the market's reaction to the Union Budget 2024: - *Sensex*: Dropped by around 1% - *Nifty 50*: Dropped by around 1% - *Indian Rupee*: Hit a record low of ₹83.69 against the US dollar It's essential to note that the market's reaction to the budget can be influenced by various factors, including the overall economic scenario, global market trends, and investor sentiment.