Sensex, Nifty Live News Today: In March month, Sensex and Nifty have declined by 25%. The coronavirus is guaranteed to throw the world into recession, and economists are becoming less convinced about the potential for a strong snapback in growth.

For the financial year FY20, the Sensex was down nearly 24 per cent, posting its worst performance in over a decade

Accordingly, the regulator has decided to grant the relaxations in a situation where FPIs are not in a position to send original and/ or certified documents

In order to contain the spread of coronavirus, lockdowns have become a norm world over and have led the FPIs to adopt a cautious stance

Abroad traders withdrew a internet sum of Rs 56,247.53 crore from equities and Rs 52,449.48 crore from the debt section, taking the entire internet outflow to Rs 1,08,697.01 crore between March 2 and March 20

Among equities, one can adopt a barbell strategy, i.e., own a mix of high-quality growth stocks at the one end and buy beaten down 'relative value' or 'mean reversion' plays such as Corporate Banks, PSU companies, Pharma and Utilities at the other end

FPIs invested a net sum of Rs 10,750 crore into equities and Rs 12,352 crore into the debt segment, taking the total net investment to Rs 23,102 crore between February 3-20

FPIs pumped in Rs 10,426 crore into equities and Rs 14,191 crore into the debt segment between February 3 and 14.

Replying to the debate on Union Budget 2020 in Lok Sabha, Finance minister Nirmala Sitharaman enumerated the seven early signs of revival in the economy namely- Global sentiment, NIP, IIP, PMI manufacturing index, forex reserves, gross GST collection and secondary markets

Foreign portfolio investors (FPI) put in Rs 6,350 crore in the debt segment between February 3-7

A dozen experts interpret Budget 2020 and its impact

Bharat Bond ETF, India's first-ever corporate bond exchange traded fund with a fixed maturity of 3 years and 10 years, fetched about Rs 12,400 crore from its debut offer

According to depositories data, a net sum of Rs 12,122 crore was pumped into equities last month by foreign portfolio investors

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Stock Market Updates on Budget day: In terms of sector, except IT, all the other indices were declining on a continous basis. While realty index declined over 7.5%, media shares fell over 4.4%.

In the last year, the government has taken steps like 'housing for all' by 2022, tax sops, a sharp cut in GST rates for under-construction flats and a Rs 25,000 crore fund to salvage stalled residential projects.

Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions

Hit by economic slowdown, India and Brazil on Saturday drew up an ambitious plan to boost their stuttering economies by significantly expanding cooperation in key sectors like oil, gas and mining, while setting a target of USD 15 billion in bilateral trade by 2022; India needs a better opposition which is the heart of any democracy and the ruling party should embrace that to keep it under check, noted economist and Nobel laureate Abhijit Banerjee has said; Foreign portfolio investors (FPI) have infused a net sum of Rs 1,624 crore into the Indian capital markets in January so far, buoyed by the signing of the first phase of the US-China trade deal. This and more on News Blast.Also read: Kobe Bryant death: Virat Kohli, Abhishek Bachchan, Priyanka Gandhi mourn NBA champion's deathAlso read: Banking sector is biggest stress point, govt in no position to bail it out, says Abhijit Banerjee

Budget 2020: Scope of personal tax cut grows slim as govt stares at tax shortfall of Rs 2 lakh croreTax collections in the current fiscal may fall short of targets by as much as Rs 2 lakh crore on faltering economy, leaving  very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates. Sources with direct knowledge of the development said income and corporate tax collections are likely to miss FY2020 targets by as...

The latest investments came despite challenges such as enhanced geopolitical tension between the US and Iran and dwindling domestic economic growth