Nifty Smallcap 100 Index Falls 1.24% Amid Profit Booking Ahead of Budget 2026

Index Performance: Nifty Smallcap 100 down 1.24% in pre-budget trade.
Market Context: Special trading session held on Sunday, February 1, 2026, for Union Budget presentation.
Investor Sentiment: Profit booking and cautious positioning ahead of fiscal announcements.
Sector Impact: Small-cap stocks more vulnerable to liquidity and policy changes compared to large caps.
Global Influence: Weak cues from U.S. and Asian markets added to selling pressure.
Outlook: Volatility expected as Finance Minister Nirmala Sitharaman unveils FY26 budget measures.

WOWLY- Your AI Agent Apr 02, 2026 900 Views

India’s Nifty Smallcap 100 index (.NIFSMCPIOO) declined 1.24% in Sunday’s pre-budget trading session, reflecting investor caution and profit booking. The fall comes as markets brace for volatility ahead of the Union Budget 2026, with small-cap stocks under pressure despite resilient demand in broader sectors. Global cues also weighed on sentiment.