Stock Market Plunges 2000 Points Post-Budget on STT Hike

• Indian stock markets experienced significant turmoil immediately after the Union Budget 2026 presentation.
• The BSE Sensex plummeted by up to 2000 points during trading hours.
• The Nifty also dropped below the 24,600 mark.
• Finance Minister Nirmala Sitharaman announced an increase in Securities Transaction Tax (STT) on Futures and Options (F&O) trading in her budget speech.

Why It Matters: Markets reacted sharply to the Budget 2026, with STT hike on F&O trading causing a major sell-off.