Ever since the announcement of the Union Budget during the first week of July, the stock markets have been treading a downward slide. While Sensex closed at 39,908 and Nifty at 11,946 points on July 4, a day ahead of the Budget, they slid down to 38,337 and 11,419 points respectively. This slither started soon after Finance Minister Nirmala Sitharaman’s Budget speech.