The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.

On July 23, 2024, FM Nirmala Sitharaman had presented the first full Budget of the Modi 3.0 government after which benchmarks Sensex and Nifty closed marginally lower. Sensex closed 0.09 per cent down at 80,

The broader market pulled back from its highs, with the BSE Midcap index up 0.4 percent and the BSE Smallcap index rising 0.7 percent.