Market News

Markets Continue To Crumble Post Budget 2018, Sensex Plunges 500 Points

Written By Asian News International | Mumbai | Published:

Hack:

  • Markets continue to crumble post the Union Budget 2018, with the Sensex opening 527.75 points lower at 34,539 in early morning trade on Monday
  • About five shares declined for every share rising on the Bombay Stock Exchange (BSE)

Markets continue to crumble post the Union Budget 2018, with the Sensex opening 527.75 points lower at 34,539 in early morning trade on Monday. Nifty declined by 166.40 points to 10,594.20.

About five shares declined for every share rising on the Bombay Stock Exchange (BSE).

Vakrangee, Inox Wind, HCC, IFCI, Westlife Development, Union Bank of India, Gujarat Gas, Future Consumer and Jain Irrigation were down two to 10 percent.

The Indian rupee too slipped in the early trade on Monday.

It opened lower by 14 paise at Rs 64.20 per dollar versus Rs 64.06 on Friday.

Earlier on Friday, Nifty plunged over 250 points and Sensex witnessed a fall of over 800 points.

READ | Union Budget India 2018 Highlights: 19 Key Points You Should Know 

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