Market Trends and Reactions Leading Up to India’s Budget Announcement
Tuesday, 23 July 2024, 04:45
Market Performance Overview
On the eve of the much-anticipated budget announcement, the Indian stock markets displayed mixed trends. Initially, the markets opened in the green but soon encountered weakness.
Key Market Movements
- Sensex started at 80,724.30 and fell to 80,573.41.
- Nifty opened at 24,568.90 and declined to 24,477.15.
- Eicher Motors was noted as the top gainer.
- Shriram Finance recorded the largest loss.
Conclusion
As investors brace for the budget announcement, the market’s cautious sentiment reflects the uncertainty surrounding potential economic policies.
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.