Equity benchmark indices were in the negative zone during early hours on Friday amid broad-based selling as traders booked profit.
At 10:15 am, the BSE S and P Sensex was down by 228 points or 0.46 per cent at 49,356 while the Nifty 50 slipped by 67 points or 0.46 per cent to 14,528.
All sectoral indices at the National Stock Exchange were in the red with Nifty pharma dipping by 1.2 per cent, auto by 0.8 per cent, IT by 0.7 per cent and FMCG by 0.6 per cent.
Among stocks, Hero MotoCorp dropped by 2.4 per cent to Rs 3,187.50 per share while Asian Paints cracked by 1.7 per cent.
The Finance Minister Nirmala Sitharaman is all set to present the Union Budget on July 23, marking the first full budget post the 2024 elections. With the economy showing robust growth and stock market indices like the Sensex and Nifty reaching record highs, thereβs a lot at stake.
#budget 2024, #market, #financeminister
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Let's take a moment to appreciate the incredible journey of the Sensex, which breached the 80,000 mark for the first time on July 3, 2024. This remarkable rally saw the Sensex crossing the 80,000 mark on July 3 in the shortest span of just 138 sessions, a journey from 70,000 points completed within six months.
#market #sensex #nifty #Stockmarket #IndiaStockExchange #NationalStocks #Nifty #Sensexnews #Oneindia #Oneindianews
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