Stock market falls before budget, Sensex falls 227 points

'Stock market falls before budget, Sensex falls 227 points'

A day before the budget, there is an atmosphere of doubt in the stock market. Sensex and Nifty are in decline despite opening on Tuesday morning on the second trading day of the week. Investors are seeing the pressure of the economic survey report coming today along with the global market and the Union Budget to be presented tomorrow. However, trading started with gains in the stock market. Sensex opened with a gain of 270 points, while Nifty started trading at 17731 level.

This boom in the Indian stock market could not continue for long. Currently, the Bombay Stock Exchange BSE's Sensex is trending at 59,272.47, down 227.94 points i.e. 0.38 percent. Similarly, the Nifty of the National Stock Exchange (NSE) is trading at 17,617.15, down 31.80 points, or 0.18 per cent.

Adani Enterprises, BPCL, Adani Ports, UPL and JSW Steel continued to buy and invest in companies such as these companies during the trade, these companies have joined the list of top gainers. On the other hand, shares of companies like Tech Mahindra, L&T, Apollo Hospitals, HCL Technologies and Hindalco Industries witnessed heavy selling, making these stocks included in the list of top losers.

It is noteworthy that on Monday, the BSE Sensex closed at 59,500.41 with a gain of 169.51 points, or 0.29 per cent, on the first trading day. At the same time, the NSE's Nifty closed at a level of 17,648.95 with a gain of 44.60 points, or 0.25 per cent.