Finance Minister Nirmala Sitharaman’s ninth Budget was one about high-stakes hedging. While she pushed for tech investments in India with tax holidays and chip outlays, the markets reacted with a 1,100-point Sunday sell-off.The aggressive hike in Securities Transaction Tax (STT) to curb the F&O frenzy essentially spooked markets, along with missing incentives for foreign investments, leading to broad-based sell-off. Meanwhile, very little of consequence was said about agriculture and jobs.