Sensex, Nifty Crash as Budget 2026 Hikes STT Rates

During the announcement of Budget 2026, investor sentiment witnessed a sudden shift, leading to a sharp fall of nearly 2,800 points in the Sensex, while the Nifty slipped below the 24,600 mark. After an initial surge, a major announcement triggered heavy volatility in the markets. Here’s a look at the sectors that were hit the hardest and the key reasons behind the downturn.