July 16, 2025 03:53 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Shubhanshu Shukla returns to Earth after his 18-day mission to space | India's Got Latent host Samay Raina, other influencers appear in SC over remarks mocking disabled | Drunk teenager who rammed Porsche into two-wheeler leaving two dead won't be tried as an adult | Jaishankar calls on China's President Xi Jinping in Beijing | Jaishankar calls on China's President Xi Jinping in Beijing | Supreme Court slams cartoonist Hemant Malviya for 'inflammatory' cartoon of PM Modi, RSS | Donald Trump threatens Russia with 'very severe tariffs' if no Ukraine negotiations within 50 days | 'We tried everything but there is a limit to what we can do': Govt on Nimisha Priya's execution in Yemen | 'India-China open exchange of views and perspectives is very important': Jaishankar in Beijing | Delhi University student, missing for six days, found dead in Yamuna River
UNI

On Budget presentation day Sensex crashes 1,000 pts; Nifty slips below 11,700 pts

| @indiablooms | Feb 01, 2020, at 05:37 pm

Mumbai/UNI: After Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21 the BSE Sensex plummeted 1050 points to sink below the 40,000 level in the late afternoon trade on Saturday, tracking a massive selloff in capital goods and financial stocks.

After a highly volatile session, the 30-share index sank 900.29 points to 39,805.61.

Similarly, the 50-share NSE Nifty plunged 248.05 points to 11,714.05.

Market benchmarks sensex down by 680 points, while nifty plunged by 200 points.

At the start of the business, the Sensex opened strong at 40,753.18 points and climbed to 40,905.78 points as compared to 40,723.49 points in the previous day, but came under selling pressure after the budget was presented and plunged by nearly a thousand points to 39,930.46 points below.

The Sensex is currently trading 408 points down at 40,315.90 points.  

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu