Union Budget 2020 fails to impress markets

Equity indices on Saturday plunged sharply after finance minister Nirmala Sitharaman presented the Union Budget, tracking a massive selloff in capital goods and financial stocks. The benchmark BSE sensex dived 987.96 points or 2.43 per cent to finish at 39,735.53. While, the broader NSE Nifty closed 318.30 points or 2.66 per cent lower at 11,643.80.

from Times of India https://ift.tt/36Ky35O