Budget 2024 | Sensex, Nifty end significantly off day's low; PSUs under pressure

by Priyanka Deshpande CNBC-TV18.com Published July 23, 2024

[{"selector":"#anim-0a123751-ace6-417d-932c-5ac16d8d02b3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-07da531b-8c01-409f-b4be-4f534cff8480","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market closes flat amid volatility as investors digest budget announcements

[{"selector":"#anim-15301389-eeef-4f94-80e3-21aa3143322a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec91a8f3-da0c-410d-b536-ad98cf52594a","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty closes near 24,500 after a trading range of more than 500 points

[{"selector":"#anim-51ba4e0b-49dc-4e36-a870-c42ea75f4f7d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ce42630-2bb9-485f-9528-dca9d906746f","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex sees an intra-day swing of more than 1,500 Points & Nifty Bank 1,200 points

[{"selector":"#anim-7ddec3bc-0724-4d45-afb4-caac27716b5e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5671887-7291-4880-8bc1-8004530c8f8f","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Jewellery & FMCG stocks see a move sharply higher, Nifty FMCG top gaining index Read More

[{"selector":"#anim-443bb625-856c-4a1e-b7db-ce13bd9243e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df278024-8e2c-48aa-8feb-b86b0f444903","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Titan is top Nifty gainer, surges 7% as tax on gold & imports is reduced

[{"selector":"#anim-607f4692-6596-4ba9-9505-cf73daf6e03b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc8ceb15-2011-4ebc-92b1-b946513e4b63","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Government does not tinker in with tobacco tax, ITC ends the session 5% higher Read More

[{"selector":"#anim-1fea2c07-8d43-4196-8508-733e5d31f1ec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1dda6f45-8e4a-4a03-8d2f-df11f35ff86c","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Muthoot & Manappuram Finance see a move opposite to jewellers , slip up to 6%

[{"selector":"#anim-f6ab44d6-647a-46ab-b881-24e2e3db9e14","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3493314-1b71-4a51-92e5-a94de25dd399","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Real estate stocks see a sharp cut as indexation on property is removed Read More

[{"selector":"#anim-b67f7e87-d645-4bd9-9a02-3bb3b4f56938","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-786afd30-e883-4d24-b3a7-efec716e0a07","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] L&T falls more than 3% as infra capex kept unchanged vs interim budget

[{"selector":"#anim-656701d7-f402-4290-b215-cc7b9aa6613d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e371b39-47d5-4981-a666-c393ace57a21","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tourism-related stocks see buying, Indian Hotels ends 4% off lows Read More

Budget 2024 changes how your gold investment is taxed

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