Union Budget 2024: In the capital Delhi, where Union Finance Minister Nirmala Sitharaman is presenting the budget for the financial year 2024-25. As soon as the Finance Minister's speech started, the Mumbai stock market has seen a lot of growth. People investing in the stock market have high expectations from the first budget of the third term of the Modi government.
Before the presentation of the budget, the stock market was witnessing fluctuations. While after two consecutive days of heavy decline, the stock market opened very fast today on Tuesday, 23 July. But as the day progressed, a decline was also seen in it.
As soon as Finance Minister Nirmala Sitharaman started her speech in the Lok Sabha, the health of the stock market also improved. By 11:10 in the morning, the Sensex has reached 80 thousand 671.18 points with a gain of 169.1 i.e. 0.21 percent. While the Nifty has also jumped to 22 thousand 500 points. After the presentation of the budget, the shares of Adani Group have jumped tremendously.
The shares of all the companies including Adani Group's flagship company Adani Enterprises have registered a rise in the market. Adani Ports and Special Economic Zone has gained 2.02%, Adani Green Energy has gained 4.16%, Adani Power has gained 3.97%, Adani Energy Solutions has gained 1.57%, Adani Total Gas has gained 1.43%, Adani Enterprises has gained 0.98% and Adani Wilmar has gained 0.64%.
The news is being updated.