Mumbai: The Stock Market will open for regular trading on February 1, 2026, i.e., Sunday. The Union Budget 2026-27 will be presented by Finance Minister Nirmala Sitharaman today, this is the reason that markets are opening today. 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.
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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.
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