Markets fluctuated immensely due to the presentation of the Union Budget, showing massive gains initially which slowed down as the Budget was revealed

Sensex rose 5 pts to 77,506 and Nifty fell 26 pts to 23,482. Market cap of the BSE-listed firms stood at Rs 423.76 lakh crore today.

The Indian stock market saw significant gains as the Nifty 50 surpassed 23,500, fueled by large-cap stocks and pre-Budget optimism. Analysts suggest a potential repo rate cut by the RBI, while the Economic Survey predicts stable consumption and controlled inflation for FY26.

BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday, a day ahead of the Union Budget 2025 prese

Apurva Sheth of SAMCO Securities said the modest increase in capex outlay from Rs 11.11 lakh crore in the last fiscal to Rs 11.2 lakh crore this time is much lower than expectations.

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.

Major gainers on the Sensex included Sun Pharma, UltraTech Cement, IndusInd Bank, Zomato and Adani Ports. On the other hand, the top losers were Titan, Bajaj Finserv, Kotak Bank, Nestle & Asian Paint

Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent