New Delhi | Jagran Business Desk: The equity markets Sensex and Nifty turned cautious in the late morning session on Saturday as Finance Minister Nirmala Sitharaman began her budget speech and unveiled the Union Budget for fiscal year 2020-21 in the Parliament.
After slipping over 450 points in the morning session, the BSE Sensex slipped 91 points at 40,631.63 while Nifty slipped 106 points 11,229.
During her budget speech, Sitharaman said that fundamentals of the economy were strong and inflation had been well contained, while banks cleaned up accumulated loans, adding Budget is aimed at boosting income and purchasing power of people.
Top gainers in the Sensex pack included Maruti, HUL, Bajaj Finance, UltraTech Cement, TCS, Asian Paints and Bajaj Auto.
However, PowerGrid, NTPC, Tech Mahindra, Tata Steel and ONGC were trading in the red.
The forex market remained closed for the weekend.
more details awaited.
For complete coverage of Union Budget 2020 click here.
Posted By: James Kuanal
