The Sensex has declined 7 per cent in the last five trading sessions before the budget, in line with the rest of Asia, as foreign institutional investors booked profits from some emerging markets. Will the trend reverse after the budget? Unlikely, according to analysts. In nine out of the past 15 years, the Sensex gave positive returns in the first five days after budget. It fell nearly 4 per cent in five sessions in the run-up to budget 2020.
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