Nifty gain 0.3%, Sensex jumps 372 pts in opening on Monday, post heavy budget selloff

Mumbai (Maharashtra) [India], February 2 (ANI): Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.

The benchmark Nifty 50 index opened at 24,796.50, down by 28.95 points or 0.12 per cent, while the BSE Sensex opened at 80,555.