Mumbai: Union Budget 2026-27 filed to lift the investors’ mood as BSE Sensex tanked over 2000 points on Sunday. The 30-share Sensex plunged 2354.01 points to 80,212.36
as Finance Minister Nirmala Sitharaman presented the Budget. The NSE Nifty plummeted 631.60 points to 24,787.30.
Stock Market crashed on February 1, 2026 (Pic: News9)
Stock Market LIVE updates
- Gainers from the Sensex pack: HDFC Bank, Bharat Electronics, Power Grid, NTPC and Sun Pharma. Laggards included, Eternal, Tech Mahindra, Infosys, and Tata Steel. “Markets are likely to remain highly volatile, with sharp moves possible in either direction depending on key announcements around fiscal policy, capex push, sector-specific incentives, and the fiscal deficit target (expected around 4.3–4.4 per cent of GDP for FY27),” Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.
- Foreign institutional investors pumped in Rs 2,251.37 crore to buy equities on Friday.
- Gold, silver prices hit lower circuit levels in futures trade ahead of Union Budget 2026-27 presentation.
- The benchmark indices Sensex and Nifty settled lower on Friday. The BSE Sensex dropped 296.59 points to end at 82,269.78. The 50-share NSE Nifty went down 98.25 points to close at 25,320.65 in a volatile session.
- The BSE and NSE have informed that the Market timings will be as per the regular schedule followed during the weekdays.
| Trading sessions | Time |
| Block Deal session 1 Open | 08:45 hrs |
| Block Deal session 1 Close | 09:00 hrs |
| Pre-open session (Regular) Open | 09:00 hrs |
| Special Pre-open session (SPOS | 09:00 hrs |
| Pre-open session (Regular) Close | 09:08 hrs |
| T+0 Market Open Time | 09:15 hrs |
| Normal / Odd lot market Open | 09:15 hrs |
| Call Auction Illiquid session (6 sessions of 1 hour each) From | 09:30 hrs |
| Special Pre-open session (SPOS) Close | 09:45 hrs |
| T+0 Market Close Time | 13:30 hrs |
| T+0 Trade modification end time | 13:45 hrs |
| Auction market Open | 14:00 hrs |
| Block Deal session 2 Open | 14:05 hrs |
| Block Deal session 2 Close | 14:20 hrs |
| Auction market Close | 14:30 hrs |
| Normal / Odd lot market Close | 15:30 hrs |
| Call Auction Illiquid session (6 sessions of 1 hour each) | 15:30 hrs< |
| Closing session Open | 15:40 hrs |
| Closing session Close | 16:00 hrs |
| Trade Modification cut-off time * | 16:15 hrs |
- Economic Survey 2026 has projected India’s economy to grow by 6.8-7.2 per cent in the fiscal year starting April. The survey reaffirms the country’s status as the world’s fastest-growing major economy despite geopolitical tensions, tariff wars clouding the outlook.
- In January 2025, NIFTY50 closed in the red mark with a decline of about 3 percent. The main reasons behind the decline are global tension, tariffs, geo-political tension, relentless selling by FIIs and weakness in the Rupee. However, last week, the India-Europe Free Trade Agreement (FTA), helped recover from lower levels. The volatility index went above India VIX 14, which indicates that on the budget day the market may see sharp fluctuations. Currently VIX has closed around 13.6, so a move of about 1 percent on Budget Day is considered possible.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver, crypto assets and commodities like Copper, aluminium.)
