Sensex, Nifty trade lower; FMCG shares climb
IST, the barometer index, the S&P BSE Sensex, slipped 199.94oints or 0.23% to 77,300. The Nifty 50 index lost 116.80 points or 0.50% to 23,391.60.
Consumption gets a booster dose in the budget
An immediate impact will be felt through income tax changes which will put an additional Rs 1 lakh crore in the hands of tax payers.