Market opens on red mark after budget presentation, Nifty also falls
Market opens on red mark after budget presentation, Nifty also falls
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New Delhi: The stock market opened with a downward trend on the first trading day of the week after the presentation of the general budget. The Bombay Stock Exchange (BSE) Sensex has lost 35 points to open at 39,701.02. Since then, the market has fluctuated. On the day of the presentation of the budget on Saturday, the stock market saw a big drop. Today, the rupee has also lost 32 paise against the dollar.

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The rupee opened at 71.65 against the dollar with a weakening of 32 paise in the morning. The National Stock Exchange (NSE) index Nifty also opened at 11,627.45 in the morning with a weakness of 35 points. After this, the stock market is fluctuating. By 9.21 am, the Sensex had risen by nearly 139 points to reach 39,840. After this, again at 9.33 am, the Sensex broke 150 points and reached 39,586. By 10.15 in the morning, the Sensex again rose to the strength of about 195 points and reached 39930.

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After presenting the budget on Saturday, the Sensex closed at 39,735.53 and the Nifty closed at 11,661.85. At 10.17 am, the Nifty was trading at 11,724.95 with a strength of about 63 points. In the beginning of the business, 354 stocks gained and 352 stocks declined.

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