Sensex Plunges 1546 Points Post-Budget: Will Market Chaos Continue on Monday?

• Sensex dropped over 1500 points and Nifty fell below 25,000 after the Union Budget 2026, leading to an investor loss of approximately 11 lakh crore rupees.
• Experts attribute the market decline to the budget's announcement of increasing STT (Securities Transaction Tax).
• Nifty's strong support is identified between 24,700-24,650, with resistance at 24,950-25,000.
• Bank Nifty shows a short-term bearish trend, with support at 57,800-57,700 and resistance at 59,000-59,100.
• Capital Market, Defense, and PSU Bank stocks experienced declines of over 5 percent, and technical indicators suggest continued market volatility.

Why It Matters: The stock market reacted negatively to Budget 2026, with significant drops and warnings of continued volatility.