Union Budget 2024: Market Reacts with Volatility as Investors Assess Impact | ABP Live

The Union Budget 2024 has led to significant volatility in the share market as investors digest its implications. The proposed hike in capital gains tax has sparked concern among traders, contributing to market fluctuations. The Sensex and Nifty experienced sharp swings, reflecting investor uncertainty. Despite the overall market turbulence, shares of the Adani Group have shown resilience and are performing strongly, buoyed by favorable sector-specific policies. Analysts are closely monitoring the budget's impact on various sectors, with particular attention to tax changes and economic incentives. Investors are advised to stay informed and consider the budget’s long-term effects on their portfolios. The market's reaction underscores the importance of strategic planning in the face of fiscal policy shifts.