Sensex, Nifty 50 on Budget day: Share market goes red after open. Energy, FMCG, PSU Banks fall most

The stock market went red after trading began on Budget day; Saturday, February 1, 2025; Saturday, February 1, 2025, with oil & gas, FMCG, and PSU Banks falling the most. Interestingly, these three sectors were the same ones which opened the most into the red during yesterday's session. At 9:20 am IST, the benchmark BSE Sensex was down by 63.06 points or 0.08%, reaching 77,437.51. The broader NSE Nifty opened 19.30 points down or 0.08% in the red, reaching 23,489.10.

The Union Budget 2025, which will be the second full budget of Modi 3.0, will be presented by Finance Minister Nirmala Sitharaman in Parliament at 11 am on Saturday, February 1, 2025, marking her eighth consecutive presentation of a Union Budget.