The Indian stock market experienced a major downturn, with the Sensex dropping over 700 points and the Nifty 50 falling below 23,250 due to unfavorable global signals. Investors lost around ₹5 lakh crore in just five minutes.

Stock indices Sensex and Nifty ended lower on Monday following weak global markets due to concerns about US President Donald Trump's tariff implementation on trading partners.

Market experts believe that while the budget had some positive aspects, certain key areas did not meet expectations.