Following the budget announcement, a huge fall is being seen in the stock market. Where in Sensex a fall of one and a half percent is being seen. On the other hand, Nifty is seen trading with a fall of 1 percent during the trading session. If experts are to be believed, further falls are likely to be seen in the stock market. Shares of the country’s largest company Reliance Industries are witnessing a fall of over 2 percent. On the other hand, SBI is witnessing a fall of around two percent and L&T shares are falling over 4 percent.
Big fall in Sensex and Nifty
Following the budget announcement, there was a major fall in the two major stock market indices, Sensex and Nifty. The Bombay Stock Exchange’s main index, Sensex, fell by nearly 1,200 points to 79,224.32 points. However, the Sensex had opened at 80,724.30 points. On the other hand, a fall of around one percent is also seen in Nifty. Nifty was seen trading at 24,276.60 points down by 232.65 points. However, Nifty opened at 24,568.90 points.
