Markets slip into red as budget optimism fades, Nifty down over 2%

Markets reversed early gains and slipped sharply into negative territory by afternoon on Sunday, February 1, as post-Budget optimism evaporated amid selling pressure across broader indices. The Sensex fell 1,483.53 points or 1.80 per cent to 80,786.25, while the Nifty declined 539.60 points or 2.13 per cent to 24,781.05 as of 12.30 pm IST. Market breadth remained negative with 2,294 stocks declining against 1,602 advancing on the BSE, while 200 remained unchanged out of 4,096 stocks traded. A total of 178 s ...