Share Market Today / Sensex opened with a jump of more than 100 points before the budget Nifty also rose

The Indian stock market is all set for the Union Budget 2025-26 to be presented by Union Finance Minister Nirmala Sitharaman. The Sensex rose 257 points to 77,757 and the Nifty rose 67 points to 23,575. The realty sector gained, while the bank and IT sectors saw a decline.

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

Losers:

  • 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.

Conclusion

Investors have high expectations from the Budget 2025-26. It remains to be seen how the finance minister's announcements will strengthen the market. If the policy decisions attract investors, further market growth can be expected.