Share Market Highlights 1 February 2024: Indian Indices turn choppy post Budget presentation; media, metal stocks drag; banking, auto stocks shine
Sensex, Nifty updates on 1 February 2024: The Indian stock market experienced heightened volatility following the presentation of the interim Budget. The BSE Sensex fell 106.81 pts or 0.15% to close at 71,645.30 and the NSE Nifty fell 28.25 pts or 0.13% to settle at 21,697.45. Finance Minister Nirmala Sitharaman emphasized the positive transformation of the Indian economy in the last decade. Proactive inflation management contributed to keeping inflation within a manageable range. GST collections for January surged 10.4% to over Rs 1.72 lakh crore, indicating buoyant economic activity. Global markets displayed mixed trends, with US markets ending lower on Wednesday.