Budget 2025 Stock Market Highlights: Sensex closes 5 points up, Nifty stays red

Budget 2025 Stock Market LIVE: Among the Nifty sectoral indices, the Nifty Oil & Gas Index fell the most by 0.34%, reaching 10,552.05, followed by Nifty FMCG, which fell 0.27%, reaching 56,537.70, and Nifty PSU Bank, which fell 0.20%, reaching 6,304.45.

Budget 2025 Stock Market Live Updates: TCS shares fell by 16 points as it joined Bajaj Finserv and Titan in the bottom three companies on the Sensex on Saturday.

Bajaj Finserv lost 9 points and Titan fell by 12 points.

Budget 2025 Stock Market Live Updates: Sensex is up by 182 points again, while Nifty is up by 69 points, as the market fluctuates and turns green again.

Nestle, Titan and Bajaj Finserv are shuffling at the bottom as the three major companies taking losses in the market.

Budget 2025 Stock Market Live Updates: Both market indices Sensex and Nifty turned red after an initial upward trend when the market opened today at 9:15 am.

As of 9:27 am, the Sensex is down by 4.94 points, and the Nifty is down by 11 points.

Budget 2025 Stock Market Live Updates: Sensex trends down by 34 points as the special trading session begins ahead of the Union Budget presentation. The Sensex opened 113 points up initially, while the Nifty index was up by 37 points.

Budget 2025 Stock Market Live Updates: The Sensex and Nifty opened today with an increase of 113 and 37 points respectively.

Budget 2025 Stock Market Live Updates: Akshay Chinchalkar, head of research at Axis Securities, stated that Nifty had finished higher for the fourth straight day on Friday, a streak not seen since December 4th.

“In doing so, we also managed a close above the 10th January breakdown area, which is a start for bulls looking to extend the rebound. Still, overhead resistance is aplenty, with the next upside and key hurdle kicking in around 23632 followed by the critical 23763 - 23811 zone. Immediate support lies in the 23339 - 23387 area, followed by 23109. The ranges are wider than usual since its budget day,” he said.

Budget 2025 Stock Market Live Updates: Indian stock markets are expected to bottom out before February 7, 2025, according to a report by Jefferies. The report also suggested that rate-sensitive stocks are likely to perform well in the expected near-term rally.

The report stated, “Nifty should bottom out before 7th Feb assuming no tax- surprise in the budget and a pro-growth RBI mtg.”

Budget 2025 Stock Market Live Updates: The Economic Survey presented on Friday, a day before the Union Budget 2025, said that any correction in the US markets could impact India, especially due to increased participation from younger citizens post-pandemic.

“Elevated valuations and optimistic market sentiments in the US raise the likelihood of a meaningful market correction in 2025. Should such a correction occur, it could have a cascading effect on India, especially given the increased participation of young, relatively new retail investors,” the survey noted.

Budget 2025 Stock Market Live Updates: The NSE Nifty witnessed its longest monthly losing streak in 23 years on Thursday, falling 9% in four months, and is 10.5% below its all-time high. The index increased by 3% in the last four sessions, in anticipation of a pro-growth Union Budget.

Budget 2025 Stock Market Live Updates: Vinod Nair, the head of research at the Geojit Financial Services told PTI before the Union Budget was presented on Saturday that the market indices were being fuelled by expectations of a pro- growth budget that will also focus on boosting consumption.

"Market expects reductions in individual tax and job generation to boost consumption. By cutting fiscal deficit but continuing to boost infrastructure spending, the government may set the tone for a potential recovery in the consolidating market," he added.

Budget 2025 Stock Market Live Updates: Shares of Mazagon Dock Shipbuilders Ltd., Cochin Shipyard Ltd. and Garden Reach Shipbuilders Ltd. gained between 5% to 6% on Friday ahead of the Union Budget announcement.

The gains marked their best week in over a month, in anticipation of an increase in defence allocation.

Budget 2025 Stock Market Live Updates: Indian shares are predicted open flat during the special trading session that will begin at 9:15 am today in light of the Union Budget 2025 being presented in parliament, reported Reuters.

Budget 2025 Stock Market Live Updates: In anticipation of a pro-growth Budget, on Friday the benchmark sensex jumped 741 points while Nifty rallied to close above 23,500.

L&T, Nestle India and IndusInd Bank were the top gainers on the BSE sensex yesterday. Bajaj Finserv, Bharti Airtel and ITC Hotels recorded losses.

Budget 2025 Stock Market Live Updates: ITC Ltd is the most important stock to watch out for as there is expectations of a hike in excise on cigarettes and tobacco.

Axis Securities has predicted a raise in the excise duty on cigarettes and tobacco products which will have a bearing on companies - ITC, Godfrey Phillip and VST Industries. A small tax hike was imposed on cigarettes last year as well.

Budget 2025 Stock Market Live Updates: The previous Union Budget in 2024, caused both the NSE Nifty and BSE Sensex to fall by 1% each after the announcement.

Due to changes in customs duties, gold prices also dropped by 5%. However, the market indices recovered later in the day.

Budget 2025 Stock Market Live Updates: Over the past 10 years, the BSE Sensex closed higher six times and lower four times after Union Budget announcements.

The BSE Sensex saw its highest gain of 5% after the Budget presentation in 2021 and its largest loss of 2.43% after the Budget presentation in 2020.

Budget 2025 Stock Market Live Updates: A circular from the National Stock Exchange of India Limited confirmed that trading hours will be open from 9:15 am to 3:30 pm for a special trading session in light of the Union Budget presentation in parliament today.