Sensex recovers after Budget debacle

February 03, 2020 10:45

Market benchmark Sensex climbed over 180 points in the morning session on Monday two days after investor sentiment took a beating after the Union Budget failed to meet expectations. After swinging over 300 points in early session, the 30-share BSE index was trading at 39, 921 and the broader NSE rose 59 points to 11,715.

In the previous session, Sensex logged its biggest single-day plunge in more than a decade on Saturday after the Union Budget failed to live up to market expectations of growth-boosting measures and fiscal discipline. Sensex settled 987.96 points or 2.43 per cent lower at 39,735.53, and Nifty plunged 300.25 points or 2.51 per cent to close at 11,661.85.

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