Vikrant Shekhawat : Feb 01, 2025, 10:16 AM
Share Market Today: The Indian stock market is fully prepared for the Union Budget 2025-26, which will be presented today by Union Finance Minister Nirmala Sitharaman. The domestic stock market has high expectations from this budget, as investors are eager to see whether the government's announcements can infuse new energy into the market.
Current Market Status
On February 1, Gift Nifty indicated a negative start for the markets, but Friday witnessed an uptrend, supporting the budget.- Sensex: Rose by 257.27 points to reach 77,757.84.
- Nifty: Increased by 67.1 points to trade at 23,575.50.
Positive Impact on ITC Shares
The budget has always had a positive impact on ITC shares. Out of the last 10 budget days, the stock has gained on 9 occasions. Since 2017, it has seen an average growth of 1.86%.Sectoral Index Performance
- Realty Sector: Gained over 1%.
- Banking, IT, PSU: Witnessed slight declines.
- FMCG, Metal, Auto: Continued stable trading.
Top Gainers and Losers
Gainers:- Sun Pharma
- Bharat Electronics
- UltraTech Cement
- NTPC
- Apollo Hospitals
- ONGC
- Hero MotoCorp
- BPCL
- SBI Life
- Nestle
Nifty and Sensex Movements
- Nifty: Rose by 16.25 points to trade at 23,524.65.
- Sensex: Opened with a gain of over 100 points.
- Pre-opening: Sensex fell by 111.44 points, but Nifty surged by 246.7 points.
Market Performance on January 31
Just before the budget, on January 31, the market showed a strong uptrend.- Sensex: Rose by 740.76 points to close at 77,500.57.
- Nifty: Gained 258.90 points to close at 23,508.40.