<img src="https://static.gujaratsamachar.com/content_image/content_image_4b24ddc8-f6dd-4a9b-bf8b-b2d08a553005.jpeg" data-filename="202410193245539.jpg" style="width: 100%;" alt="Indian stock market remains volatile post Union Budget"> The domestic stock market on Saturday saw significant fluctuations after Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26.&nbsp;Following an initial rise, both the BSE Sensex and NSE Nifty were trading in the red.The BSE Sensex dropped by 455 points and Nifty fell by 115 points shortly after the Budget speech. This followed an earlier surge when the Finance Minister announced that there would be no income tax for individuals earning up to ₹12 lakh.The news initially sent the markets rising, but the rally was short-lived as the markets turned flat soon after.The Budget estimate for the financial year 2025-2026 is around ₹31.47 lakh crore, as announced by FM Sitharaman in Parliament.The Nifty FMCG, Auto, Realty, and Consumer Durables indices saw positive movement, while other sectors struggled.Among sectoral indices, the Nifty Metal index recorded the biggest loss with a fall of 1.94%.It was followed by Nifty Oil &amp; Gas, which dropped by 1.93%, and Nifty PSU Bank and Nifty Mid-Small IT &amp; Telecom, both of which declined by 1.29%.In other Budget-related updates, the new tax regime will revise the tax rate structure. For income between Rs 0 and Rs 4 lakh, there will be no tax. Income between ₹4 lakh and ₹8 lakh will be taxed at 5%, while income between ₹8 lakh and ₹12 lakh will attract a 10% tax.For income between ₹12 lakh and ₹16 lakh, the tax rate will be 15%, and for income between ₹16 lakh and ₹20 lakh, the rate will be 20%. Income between ₹20 lakh and ₹24 lakh will be taxed at 25%, and any income above ₹24 lakh will be taxed at 30%.Meanwhile, global markets were impacted as Wall Street indices fell after US President Donald Trump announced tariffs on Canada, Mexico, and China, set to take effect from February 1.(This story was taken from a syndicated feed and was only edited for style by Gujarat Samachar Digital team)

The domestic stock market on Saturday saw significant fluctuations after Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26.

Indian stock market remains volatile post Union Budget

Indian-stock-market

Indian stock market remains volatile post Union Budget

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