Nifty 50 fell 2 percent on Budget Day as retail investors bought shares, but surged 4 percent after US tariff cuts as FPIs and DIIs bought while retail investors sold shares worth 6000 crore.
The equity market has been on a roller coaster ride so far in February this year. While the benchmark Nifty 50 began the month with a 2% decline on Budget Day, it rallied nearly 3% on Tuesday following the US decision to cut reciprocal tariffs on Indian goods from 25% to 18%.
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