Stock Market Live: Union Budget Day 2024 Stock Market LIVE updates July 23 Sensex Nifty Nirmala Sitharaman trading tips | News on Markets

Budget 2024 Stock Market Highlights: Benchmarks Sensex and Nifty settled marginally lower amidst heightened volatility witnessed throughout the Budget day. 

Post the initial jitters after the LTCG and STCG tax rejig announcement, the benchmark Sensex recovered as much as 1200-odd points from its day’s lows of 79,224 levels and settled at 80,429 levels, down marginally 0.09 per cent or 73 points. 

Similarly, Nifty recovered 405 points from its days low of 24,074 and settled slightly lower by 0.12 per cent at 24,479 levels. 

On the BSE, Titan, Adani Ports, and NTPC were the top gainers while L&T, Bajaj Finance and SBI were among the major laggards.

ITC and Tata consumer were top performers on the NSE, while Hindalco and Shirram Finance were among the top losers.

In broader markets, too, there was a visible sharp recovery from their respective day’s lows, as the MidCap and Small Cap indices fell up to 4 per cent each during the day.

From there, the indices regained the majority of the losses with the Midcap index ending 0.74 per cent lower and SmallCap closing 0.18 per cent lower.

Sectorally, the Nifty FMCG ended 2.68 per cent higher, followed by the Nifty IT, Pharma, and Auto indices. On the flip side, Nifty Realty closed 2.29 per cent lower, followed by Nifty PSU Bank and Nifty Financial Services.