Stock markets open higher on Budget day 2024, investors await policy announcements

By Team Asianet Newsable | First Published Jul 23, 2024, 9:46 AM IST

This uplift follows a dip in the markets on Monday, when equity benchmarks closed lower after reaching record highs the previous Friday. The Sensex fell by 102.57 points to 80,502.08, and the Nifty dropped 21.65 points to 24,509.25, with heavy selling pressure on Reliance Industries and Kotak Mahindra Bank.

The Indian stock markets on Tuesday (July 23) started on a positive note, buoyed by gains in financial and public sector stocks as investors await key policy announcements in the Union Budget. The NSE Nifty 50 climbed by 0.24% to reach 24,568.9, while the S&P BSE Sensex saw an increase of 0.28%, settling at 80,724.3.

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