Share market on Budget 2020, Sensex, Nifty news stock market updates
Business Today
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Budget fails to cheer D-street; Here's how Sensex, Nifty reacted to FM Nirmala Sitharaman's speech

All the sector indices closed in red, with realty index declining over 7.5%, media by 4.4%, metal, PSU Bank and financial services by 4%. Over 3% decline was seen in banking and auto shares, while FMCG and pharma fell over 1%.

 
 
Reacting to the news, shares of IDBI Bank climbed 17% intraday to the high of Rs 39.80, as against the last closing price of Rs 33.90.
Capital expenditure on roads, railways, renewable energy and urban housing projects, is expected to be up from 3.38 lakh crore by 20 per cent in FY21 budget.
Budget 2020: The ongoing earnings season is likely to set the tone of market in run-up to FM Nirmala Sitharaman's second consecutive Budget speech
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