Nifty 50, Sensex and the Nifty Bank indices witnessed a good recovery last week. However, the rise stalled on Saturday as the Union Budget failed to impress the markets. The expected trigger has not come from the Budget for the markets to rise strongly.

The Indian stock market is open today as the BSE, NSE and MCX have announced a special trading session on Budget day.

The stock exchanges are open today, February 1, for a special trade session as the Finance Minister Nirmala Sitharaman will table the Union Budget 2025 in Parliament today. Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher.

During Sitharaman's speech, the Indian benchmarks erased morning gains and fell to the day's low. The Nifty 50 declined 0.81% to 23,318.30, and the Sensex fell 0.64% to 77,006.47.

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.

Indian markets opened flat ahead of the Union Budget 2025, with Sensex and Nifty struggling for direction while mid- and small-cap stocks outshone

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.