Sensex Slumps 988 Points As Budget Fails To Enthuse Investors | Read

The S&P BSE Sensex and NSE Nifty 50 indexes fell sharply in trade on Saturday after the Union Budget announced by Finance Minister Nirmala Sitharaman failed to enthuse investor sentiment. The Sensex plunged as much as 1,092 points to fall below 40,000 and Nifty 50 index slumped 328 points to hit an intraday low of 11,633.30. With today's fall, Sensex and Nifty touched lowest level in over three months. Selloff across sectors, barring information technology shares, led to deep cuts in stock markets today.