These 10 big stocks did not like the budget 2020.

These 10 big stocks did not like the budget 2020.

New Delhi : On 1 February, the General Budget for the FY 2020-21 was presented. The budget turned off the mood of the stock market and the BSE benchmark index closed with the biggest drop of the decade. On the Budget day, the Sensex was down more than 1200 points at one time, but finally closed down 987 points. Let us know which are the 10 big stocks which do not like the budget and they have fallen on Saturday and even today they are seen declining.

These big stocks fell more on the day of budget

ITC - 7%

RIL- 0.2.86%

HDFC - 5.87%

HDFC Bank - 2.18%

ONGC - 4.18%

LT- 5.98%

Hero MotoCorp - 2.08%

Sun Pharma -2.62%

Axis Bank - 3.24%

SBI - 4.83%

Shares of ITC, Tata Motors, HDFC, Larsen & Toubro and Zee Entertainment dived from 6 to 7% on the Nifty 50 index.

Today these stocks fall (Figures 11:40 am)

RIL- 0.44%

ITC - 3.79%

HDFC Bank - 1.02%

HDFC- 0.39%

ONGC - 0.19%

LT- 0.44%

Hero MotoCorp - 0.92%

Sun Pharma - 0.90%

Axis Bank - 0.49%

3.5 lakh crore rupees of investors were drowned on the budget day

Finance Minister Nirmala Sitharaman's second budget did not meet the expectations of the stock market. The Sensex had the biggest decline in nearly a decade. The Sensex moved down to 1275 points at one time, although it recovered a little later to close at 98,7.96 points at 39,735.53. About 3.50 lakh crore rupees of investors were drowned by this fall.

Market cap of 7 companies in Sensex top-10 decreased by 1.89 lakh crore

The market cap of 7 of the top 10 companies of the Sensex fell by Rs 1.89 lakh crore last week. The market cap of Reliance Industries alone decreased by Rs 87,732.8 crore. The Sensex lost 1,877.66 points to 39,735.53 points last week. Reliance Industries suffered the maximum loss, its market cap was reduced by Rs 87,732.8 crore to Rs 8,76,906.57 crore.