India's benchmark indices Sensex and Nifty fell sharply after Finance Minister Nirmala Sitharaman raised securities transaction tax on futures and options trades and announced higher-than-expected government borrowings for FY2026-27.
Indian stock markets witnessed a sharp sell-off in a special Sunday session following the Union Budget 2026 presentation. The Sensex plunged over 2,800 points from day's peak as increased Securities Transaction Tax dampened investor sentiment.
In a surprising turn, NBFC stocks backed by SBI Life Insurance ended the trading session in positive territory despite broader market declines. Investors showed confidence in these financial instruments as they bucked the overall negative trend.
Indian stock markets witnessed heavy selling on February 1, with Nifty dropping nearly 2% to 24,825 and Sensex falling 2.17% to 80,484. Metal stocks and PSU banks were the biggest losers.
Wipro, TCS, and LTI Mindtree surged up to 4.6% as Nifty IT index jumped 2% after Finance Minister announced tax incentives for data centre infrastructure in Budget 2026.
Finance Minister Nirmala Sitharaman's Budget 2026 proposes massive STT increases on F&O transactions, sparking market turmoil with Sensex crashing over 2,000 points.
Shares of Power Finance Corporation (PFC) and REC Limited surged nearly 6% after Finance Minister Nirmala Sitharaman announced a restructuring plan for the power sector in Union Budget 2026-27.
The Indian government has proposed increasing Securities Transaction Tax on futures and options trading from 0.02% to 0.05%, causing Sensex to plummet over 2,000 points before partial recovery.
Finance Minister Nirmala Sitharaman's Union Budget 2026 speech triggered a sharp stock market crash, with Sensex plunging over 1,600 points. The proposed hike in Securities Transaction Tax on F&O trades spooked investors, leading to aggressive selling acr
Major defence stocks including BEL, HAL, and Bharat Dynamics declined on February 1 despite a 15% budget increase to ₹7.85 lakh crore. Market experts attribute the fall to absence of specific policy announcements and unmet brokerage expectations.
The Indian government has increased the Securities Transaction Tax on futures and options in Budget 2026 to discourage speculative derivatives trading and promote long-term investments.
Finance Minister Nirmala Sitharaman's Budget 2026 proposal allows foreign individuals direct access to Indian stocks, raising individual limits from 5% to 10% and aggregate caps from 10% to 24% to boost market participation.
Finance Minister Nirmala Sitharaman's Budget 2026 proposes increasing Security Transaction Tax on futures and options trading, causing significant declines in key financial stocks.
Finance Minister Nirmala Sitharaman's decision to increase Securities Transaction Tax on futures and options contracts has led to a significant market correction, with brokerage stocks like BSE, Angel One, and Groww plummeting up to 10%.
Indian stock markets witnessed a sharp decline with Sensex falling 850 points and Nifty 50 nearing 25,000 amid budget and STT announcements. Key stocks like HDFC Bank, Reliance, TCS, Infosys, and HUL were impacted.
Electronics manufacturing stocks surged 6% after the Union Budget 2026 allocated Rs 40,000 crore to the sector. Mobile production value skyrocketed 30-fold from Rs 18,000 crore in FY15 to Rs 5.45 lakh crore in FY25.
Finance Minister Nirmala Sitharaman announced key stock market measures in Budget 2026, including restructuring of PFC and REC NBFCs, ₹100 crore incentive for municipal bonds, and new corporate bond frameworks to deepen India's capital markets.
Textile stocks including Gokaldas Exports, Welspun Living, and KPR Mill surged up to 5% after Finance Minister Nirmala Sitharaman announced mega textile parks with focus on technical textiles value addition in Budget 2026.
Railway stocks like IRFC, IRCTC, and Titagarh Rail witnessed a significant surge after Finance Minister Nirmala Sitharaman announced plans for seven high-speed rail corridors in the Budget 2026.
Textile stocks including Gokaldas Exports, Welspun Living, and KPR Mill surged up to 5% after Finance Minister Nirmala Sitharaman proposed mega textile parks focusing on technical textiles value addition in Budget 2025.
AVI Polymers shares rise over 10% ahead of budget speech. Company reports 206% net profit growth and 348% revenue surge in Q3 FY26, secures BSE approval for ₹90 crore rights issue.
IDFC First Bank's share price declined by 2.5% following its Q3 FY2026 results. Analysts debate whether this dip presents a strategic buying opportunity for investors.
PC Jeweller's share price showed initial gains before declining on Sunday, influenced by falling gold and silver prices. The company also announced equity share issuance to promoter group members after warrant conversion.
BSE and NSE confirm trading on Sunday for Union Budget 2026-27 presentation, a historic first. Regular equity sessions from 9:15 am to 3:30 pm, with some specialized sessions suspended.
Indian stock markets opened flat in a special trading session for the Union Budget. Analysts anticipate potential relief measures for sectors impacted by recent tariff changes in the upcoming budget announcements.
India's IPO market remains vibrant with over 350 listings since last Union Budget despite stock market volatility. SME segment dominates with 72% share, though post-listing performance shows mixed results.
Solar stock Fujiyama Power Systems surged 10% to hit the upper circuit in Sunday morning trade ahead of Finance Minister Nirmala Sitharaman's Budget 2026 speech.
Silver and gold prices on MCX today, February 1, 2026, show market reactions to Budget 2026. Analysis of 24-carat and 22-carat gold rates, commodity market trends, and COMEX influences.
Gold ETFs fell up to 13% and Silver ETFs tumbled 20% following a sharp decline in precious metal rates. Experts advise on portfolio strategy.
Indian stock indices declined in a special Sunday trading session ahead of Union Budget 2026, with Nifty and Sensex falling amid cautious investor sentiment. Market experts analyze expectations and historical trends.