New Delhi, Feb. 3 -- Following a four-day rally, the Nifty 50 experienced heightened volatility on Union Budget 2025 day. The special Saturday trading session (February 1) opened strong, with the Nifty rising until 11 a.m. However, as Finance Minister Nirmala Sitharaman began her Budget speech, volatility increased. Despite a late-session recovery, the index ended slightly lower, reflecting budgetary measures. The Sensex closed 5 points higher at 77,506, while the Nifty slipped 26 points to 23,482.
Jewellery Stocks: Jewellery stocks will be in focus after the government reduced customs duty on jewellery. Additionally, income tax relief for individuals earning up to Rs.12 lakh is expected to boost household consumption, savings, and inves...
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