Nifty 50 breaks below 25,000, suffers biggest Budget-day crash in six years; 3 key factors behind the sell-off
The Union Budget failed to uplift the market, causing the Nifty 50 to drop 2% to 24,825 points. Key factors included a hike in securities transaction tax and increased government borrowing, raising concerns about foreign investor confidence amid a broad sell-off.
The Union Budget failed to uplift the market, causing the Nifty 50 to drop 2% to 24,825 points. Key factors included a hike in securities transaction tax and increased government borrowing, raising concerns about foreign investor confidence amid a broad sell-off.
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