The stock market is on a bullish track, but the pace has slowed down a bit. BSE’s 30-share sensitive index Sensex is at 80807 with a gain of 84 points. At one time it was at a day high of 81211. Whereas, NSE’s Nifty of 50 stocks is down 6 points at 24820. At one time it had reached 24942. There are 2905 stocks being traded on NSE. Of these, 965 are green and 1863 are red. 128 stocks are at 52-week low. After the tsunami on Budget Day, the stock market is now back on the bullish track. BSE’s 30-share sensitive index Sensex has reached 81060 with a gain of 337 points. Whereas, NSE’s Nifty of 50 stocks is up 58 points at 24884. L&T, Adani Ports, Asian Paints, Eternal are top gainers in Sensex. Whereas, Trent, Infosys, ITC were top losers. After the tsunami on Budget Day, the stock market opened with a decline even today. BSE’s 30-share sensitive index Sensex opened with a loss of 167 points at 80555. Whereas, NSE’s Nifty of 50 stocks started Monday’s trading down 28 points at 24796. After yesterday’s devastation, the major indices of the Indian stock market, Sensex and Nifty 50, are expected to open higher on Monday, taking relief from the heavy fall of the previous session. However, investors remain cautious reacting to the Budget 2026 proposals and market volatility is expected to remain high. GIFT Nifty level stood around 24,902, which is about 49 points above the previous close of Nifty futures, indicating a bullish start for the Indian markets.
tsunami on budget day
In the special trading session on Sunday, the Indian stock market fell sharply after the announcement of the Budget proposal to increase the Securities Transaction Tax (STT) on F&O (Futures and Options) trading. Sensex fell 1,546.84 points (1.88%) to close at 80,722.94 and Nifty fell 50,495.20 points (1.96%) to close at 24,825.45.
global market signals
Asian Markets: Asian markets were showing mixed sentiment ahead of China’s factory activity data on Monday. Japan’s Nikkei 225 rose about 0.13%, while South Korea’s Kospi fell 2.5%. Hong Kong’s Hang Seng index futures indicated a weak start. Wall Street: US stock markets closed lower on Friday as investors considered President Donald Trump’s nomination of former Federal Reserve Governor Kevin Wersh as a ‘hawkish’ option. The Dow Jones, S&P 500 and Nasdaq all declined.
Economic data and other indicators
Japan’s manufacturing activity expanded in January at the fastest pace in nearly three and a half years. Japanese government bond (JGB) prices fell and yields rose.
dollar and crude oil
The dollar index remained steady at 97.22. Gold prices continued to fall, while silver recovered from its lowest level in more than three weeks. Crude oil prices fell as US President Trump said Iran was ‘seriously negotiating’ with Washington.
gold prices
Gold prices continued to fall under pressure from a stronger dollar, while silver recovered from its lowest level in more than three weeks. Spot gold prices fell 1.5% to $4,793.97 an ounce, while US gold futures for February delivery rose 1.6% to $4,818.10 an ounce. Spot silver rose 1.6% to $85.98 an ounce.
