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.
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