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BREAKING NEWS

Sensex has expressed solid no confidence against Budget: Rahul

02 Feb 2018

New Delhi Feb 2 (IANS) Congress President Rahul Gandhi on Friday referred to the steep fall in indices to take a dig at the Modi government s Budget and said the sensex had placed a "solid no-confidence motion" against it.



"In Parliamentary language the Sensex just placed a solid 800 point No Confidence Motion against Modi s budget " Gandhi said in a tweet.

The barometer 30-scrip Sensitive Index (Sensex) plunged by 839.91 points or 2.34 per cent to 35 066.75 points on Friday a day after the presentation of the Union Budget by Finance Minister Arun Jaitley.

Reintroduction of the long-term capital gains (LTCG) tax along with weak global cues led to a huge sell-off in the markets on Friday with the key Indian equity indices falling the steepest since November 2016.

--IANS
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