₹ 2.41 lakh crore drowned in simply 82 minutes, the inventory market didn’t just like the finances speech! – INA NEWS

Shares Market on Price range Day: Finance Minister Nirmala Sitharaman introduced the Basic Price range 2025-26 in Parliament on 1 February at this time. On this finances, he made a number of large bulletins together with zero earnings tax on earnings of as much as 12 lakhs underneath the brand new tax regime. Nonetheless, the inventory market didn’t look very proud of these components. Finance Minister Nirmala Sitharaman’s finances speech began round Rs 2.41 lakh crore within the inventory market of buyers within the subsequent 82 minutes. Even by the tip of the finances speech, the Sensex and Nifty misplaced their full lead and got here within the purple mark.

Finance Minister Nirmala Sitharaman’s finances speech began in Parliament at 11.01 am. The Finance Minister gave a complete of 77 minutes i.e. 1 hour 17 minutes lengthy finances speech. This finances speech closed at 12.18 pm.

Simply earlier than the finances speech began, the BSE Sensex was buying and selling at 77,752.9 factors at round 10.58 am. Throughout this era, the overall market cap of listed firms in BSE elevated to Rs 426.85 crore.

Nonetheless, through the finances speech, the Sensex misplaced all its leads and was buying and selling at 77,386.03 factors to 77,386.03 factors at round 12.20 within the afternoon. With this, the overall market cap of listed firms in BSE additionally got here all the way down to Rs 424.44 lakh crore. Thus from 10.58 am to 12.20 within the afternoon, the market worth of BSE listed firms declined by about Rs 2.41 lakh crore.

Probably the most stirred in these shares

After the finances speech, Jomato shares on the Sensex noticed probably the most stir. Jomato shares jumped greater than 7 per cent throughout buying and selling. Aside from this, shares of Maruti Suzuki, ITC, Titan and HUL had been additionally included in high gainers and noticed an increase of 4 per cent to five.5 per cent.

Alternatively, the shares of Larsen & Toubro (L&T) remained underneath heavy stress and broke greater than 4 % throughout buying and selling. Aside from this, shares of Energy Grid, Tech Mahindra, Tata Metal and UltraTech Cement had been additionally included within the high losquers.

Additionally read- Price range Shares: Resulting from lower in earnings tax, these 5 shares have an opportunity to spend money on just a few weeks