A total of 15 Union Budgets have been presented so far during the tenure of Prime Minister Narendra Modi, out of which investors have suffered huge losses in the stock market eight times. This means that the major indices of Bombay Stock Exchange and National Stock Exchange have closed in the red. The National Democratic Alliance (NDA) government led by Prime Minister Modi has presented a total of 15 budgets so far since 2014. These also include two interim budgets before the Lok Sabha elections in 2019 and 2024. Let us also tell you when in these 15 years the stock market was disappointed with the budget and investors had to suffer losses. Let us tell you that during the presentation of the budget on Sunday, there was a decline of more than 2 percent in the stock market. When the stock market closed, there was a fall of about 2 percent in Sensex and Nifty and investors suffered a loss of Rs 9.40 lakh crore.
Biggest fall in 6 years on budget day
Finance Minister Nirmala Sitharaman, while presenting the budget for financial year 2026-27 on Sunday, proposed an increase in Security Transaction Tax (STT) on futures contract deals. Investor sentiment was affected by this announcement, as a result of which the major stock indices Sensex and Nifty fell by almost two percent. The Sensex fell 2,370.36 points, or 2.88 percent, to 79,899.42 points, below the 80,000-mark in afternoon trade. However, in the last trade the Sensex fell by 1,546.84 points or 1.88 percent and closed at 80,722.94 points. NSE’s 50-share index Nifty fell 495.20 points or 1.96 percent and closed at 24,825.45. At one time it had fallen by 748.9 points or 2.95 percent to 24,571.75 points.
How was the condition of the stock market in 15 budgets?
- If we look at the history, in the last years the performance of Sensex on the day of budget presentation has been mixed.
- In the year 2025, the Sensex closed with a slight gain at 77,505.96 points, whereas in 2024, on the day of the interim budget, it fell by 1.14 percent to 71,645.30 points.
- Before this, in 2023 it increased by 0.26 percent to 59,708.08 points, while in 2022, an increase of 1.46 percent and five percent in 2021 was recorded.
- On the budget day in the year 2020, the Sensex fell by 2.42 percent to 987.96 points.
- The Sensex had risen by 0.58 percent in the full budget of 2019 but had fallen by 0.98 percent in the interim budget presented before that.
- On the day of Budget, Sensex had fallen by 0.16 percent in 2018 whereas it had risen by 1.75 percent in 2017.
- From 2017 itself, the date of budget presentation was shifted to February 1 so that the approval process by Parliament could be completed by the end of March and the budget could be implemented from the beginning of the financial year.
- Before this, in 2016 the Sensex had increased by 0.65 percent, in 2015 it had gained 0.48 percent and in 2014 it had closed with a decline of 0.28 percent.
What will happen next?
If experts are to be believed, the impact of the decisions taken in the budget can be seen in the stock market in the coming days also. This means that there may be fluctuations in the stock market. According to Ajay Kedia, Director of Kedia Advisory, the stock market is currently falling due to global instability. Unless a trade deal is reached between India and America, a decline may be seen in the stock market. He said that until the trade deal is not done, the Sensex can be seen at the level of 80 thousand to 82,500 points.