Market Volatility Following Union Budget Announcement
Indian stock market experienced significant fluctuations following the presentation of the Union Budget 2025-26. Initially, markets rallied on the announcement of no income tax for individuals earning up to Rs 12 lakh. However, the rally was short-lived, and indices turned negative shortly after. Sectors such as FMCG, Auto, Realty, and Consumer Durables like ITC saw positive movement, while Metal and Oil & Gas sectors declined. Investors should consider the budget's implications on various sectors when making investment decisions.
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