The Union Budget announced by the finance minister, Arun Jaitley, on Monday has been hailed by market players though intraday equities fluctuated wildly as hopes of tax sops in income as well as in securities transactions were dashed. However, by the end of the day, equities recovered most losses.
The BSE Sensex ended 0.66% or 152.30 points down to close above the 23,000-mark at 23,002 while the Nifty 50 closed a tad below the psychological 7,000-level at 6,987.05 or 42.70 points below the previous close.
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