Stock Market Plummets 2000 Points After Budget; Investors Lose 16 Lakh Crore

• Union Finance Minister Nirmala Sitharaman presented the budget for FY 2026-27, leading to a significant stock market crash.
• The Sensex dropped over 2,000 points and Nifty 50 fell by nearly 800 points after the budget speech.
• Increased Securities Transaction Tax (STT) on Futures & Options from 0.1% to 0.15% contributed to the market decline.
• Investors faced an estimated loss of 16 lakh crore rupees in market capitalization during Sunday's trading session.
• Despite proposals to allow foreign direct share purchases and increase investment limits, market expectations were not met.

Why It Matters: The stock market crashed significantly post-budget due to unmet expectations and increased STT, causing massive investor losses.