Live Updates on Share Market Performance Post-2024 Union Budget Announcement
Overview of the Share Market Following the 2024 Budget
On July 22, the financial landscape in India saw a noteworthy shift post the 2024 Union Budget presentation. The Sensex rose by 160 points, reflecting investor enthusiasm amidst the budget announcements.
Market Reactions
Investors were particularly focused on sector and stock-specific picks, highlighting the importance of strategic choices in this volatile market.
- Domestic Institutional Investors (DIIs) net sold shares worth ₹1,652.34 crore, illustrating a cautious approach.
- In contrast, Foreign Investors were more optimistic, net buying shares worth ₹3,444.06 crore.
Conclusion
The contrasting movements of domestic and foreign investors suggest a complex market reaction to the government budget. The 2024 Union Budget set the tone for future investor strategies as they adapt to changing economic conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.