The Indian stock market witnessed a sharp fall in intraday trade on Sunday, after the finance minister presented her ninth consecutive budget. The Sensex closed 1,546.84 points lower at 80,722.94, while the Nifty shed 495.20 points to settle at 24,825.45, reflecting a decline of nearly 2%. Market breadth was negative, with 2,299 shares declining against…
Sectorally, the Nifty PSU Bank and the Nifty Metal were the primary laggards, tumbling over 4% due to concerns over high government borrowing and falling global commodity prices. Conversely, IT stocks bucked the trend, gaining nearly 0.6%, following a supportive change in the taxation of share buybacks. Despite the knee-jerk reaction to transaction costs, the…
Slamming the Union Budget 2026-27, Shiv Sena UBT MP Priyanka Chaturvedi on Sunday said the central government has completely failed to meet the expectations. Taking a dig at the Budget, she commented that the special thing about it is that all BSE stocks declined. Priyanka Chaturvedi said, “The special thing about the budget is that…
Budget 2026: Indian stock market benchmarks – Sensex, Nifty 50 are likely to witness a cautious to mildly negative opening on February 2 as investors continue to process key Budget announcements along with weak global cues. The absence of market-friendly tax relief and the sharp increase in Securities Transaction Tax (STT) on derivatives are expected…
Budget 2026: The Indian stock market witnessed a sudden, sharp fall of up to 3% in intraday trade on Sunday, February 1, after Finance Minister Nirmala Sitharaman proposed a steep increase in Securities Transaction Tax on derivatives. STT on futures was raised to 0.05% from 0.02%, while STT on options transactions was increased to 0.15%…
Sensex crashes 850 points, Nifty 50 near 25k— Why’s the market falling? Source
Indian investors are increasingly awaiting this year’s Union Budget presentation as it lays down the roadmap for sectors that will be on the government’s radar for the next year, gives insights into its fiscal policies, and signals potential market-moving reforms. Over several years now, the government has stuck to February 1 as the Budget date….
Nifty 50 touched a record high this month but despite this it closed in decline for the second consecutive month. highlights Despite touching record high in January, Nifty 50 closed in decline for the second consecutive month. Nifty 50 recorded the biggest decline of more than 3% in the month of January since 2016. There…
The BSE Sensex closed the week 0.9% higher at 82,269.78 on Friday, while the Nifty50 advanced 1.1% to 25,320.65. Yet, despite the weekly rebound, the benchmarks ended January in the red. The Nifty50 lost 2.4% during the month, while the BSE Sensex shed 2.8%, marking their weakest monthly showing since February 2025, when the markets…
Sensex Today, Stock Market Closing 30 January: Major stock indices Sensex and Nifty declined in early trade on Friday due to fall in IT shares and caution before the presentation of the budget on February 1. There was a bullish trend in the market for the last three days. But the market failed to maintain…
