Finance
Union Budget 2025 Stock Market Highlights, Saturday, February 1, 2025: Benchmark equity indices closed flat on Saturday after Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. After reaching a high of 77,899.05, the Sensex fell and finished at 77,505.96, up just 5.39 points, or 0.01 percent, from its previous closing.
The NSE Nifty50, on the other hand, closed at 23,482.15, down 26.25 points or 0.11%. On Saturday, the index traded between 23,632.45-23,318.30. Trent, ITC Hotels, Maruti Suzuki India, Tata Consumer, and Eicher Motors topped the Nifty50 constituent stock advances, increasing by up to 6.98%. On the other hand, Bharat Electronics, Power Grid Corporation, Larsen & Toubro, Grasim, and Cipla were the leading laggards of the Nifty50, with losses extending up to 4.10 per cent.
Small-cap shares outperformed the broader market, with the Nifty Smallcap100 index closing 0.41 percent higher, while the Nifty Midcap100 index ended 0.42 percent lower. The India VIX, which measures market volatility, ended up 13.24 percent at 14.10 points.
FMCG and Realty shares outperformed the sectoral markets, with the Nifty FMCG and Realty indexes rising by more than 3% each. The Nifty Consumer Durables index followed, closing up 2.96 percent. Other sectors indices, such as Nifty Auto, Private Bank, and Select Healthcare, closed with increases of up to 1.91 percent.
Conversely, the Nifty IT, PSU Bank, Financial Services, Pharma, and Email indices were among the top laggards, showing decreases up to 1.59 per cent at close.
Source: BS
