Indian Stock Market Reacts to Budget 2025 Announcements

Here are 7 key things that changed for the Indian stock market overnight ahead of Budget 2025:

1. Gift Nifty Signals: Gift Nifty February 2025 futures contract is down 29 points, indicating a flat to mildly negative opening for the Nifty 50.
2. FII Selling Continues: Foreign portfolio investors (FPIs) sold shares worth Rs 4,582.95 crore on January 30, 2025. FPIs have sold shares worth Rs 86,185.67 crore in January 2025 so far.
3. US Market Performance: The US Dow Jones index futures were in the green, signaling a positive opening for US stocks today.
4. Asian Markets: Most Asian stocks advanced on Friday, mirroring the Wall Street rally as investors assessed big tech earnings.
5. Japan Economic Data: Tokyo's core consumer price index rose 2.5% year-on-year in January, while Japan's unemployment rate for December fell to 2.4%.
6. Indian Market Rally: The BSE Sensex ended 741 points (0.97%) higher at 77,500.6 levels on January 31, touching an intra-day high of 77,606.
7. Economic Survey Tabled: The Economic Survey 2024-25 pegged India's economy to grow between 6.3% and 6.8% in FY26, in line with international agency forecasts.

Source: Based on reports from Business Today, Upstox, and The Economic Times

Budget Day Trading:

Markets will remain open on February 1 (Saturday) for a special session. Analysts warn of volatility, with focus on infrastructure spending, rural revival, and tax reliefs. Sectors like railways (RVNL, IRFC), defense (HAL, BEL), and renewables (L&T, Waaree) are in spotlight.