Union Budget’s tax exemption rise to ₹12 lakh was well-received but raised concerns over lower infrastructure capex. Analysts view the budget as a balanced approach promoting growth, particularly in sectors like banking,

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.

Sensex and Nifty show volatility after the Union Budget 2023 presentation, disappointing retail investors. Markets opened higher but later declined.

The BSE Sensex rose 247.81 points or 0.37 per cent to 77,748.38. Nifty added 74 points, or 0.32 per cent, to 23,582.85.

The Indian benchmark index is off to a poor start, according to Gift Nifty's statistics. The Gift Nifty was down around 87 points from the previous closing of the Nifty futures, trading at about 23,533.

Indian benchmark indices opened higher on Saturday, ahead of the Union Budget 2025 announcement. At the start of the day, Sensex gained 57.20 points, or 0.07 per cent, reaching 77,557.77, while the Nifty rose 11.

Vijayakumar said the market will be looking for growth stimulating measures and not market-related taxation reliefs like changes in the capital gains taxation.