Budget 2018 Impact: Half the Nifty50 companies end the day in red

EY analyses the impact of Finance Minister Arun Jaitley's Union Budget 2018-19 announcements on each of the NSE's Nifty50 stocks

When Finance Minister Arun Jaitley presented Budget 2018 in Parliament on Thursday, some of his announcements, especially the measures related to stock markets and companies in general, sent the stock markets swinging. There was a sudden drop in the benchmark indices at the time of the Budget speech. Even as most stocks recouped some of their losses later in the day, as many as 24 Nifty50 stocks ended their day in the red.

This EY analysis looks at the announcements in Finance Minister Arun Jaitley’s Union Budget 2018-19 that might have impacted each of the NSE’s Nifty50 stocks:

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