Stock Market Live: Nifty, Sensex Higher At Open Before Budget As Sun Pharma, Airtel Lead Gains

Benchmark equity indices continued their rise for another session ahead of budget announcement with Sun Pharma and Airtel leading the gains. But gains were capped by share prices of ICICI Bank and ONGC.

At pre-open, Nifty 50 was at 23528.60, up 0.09% or 20.20 points and Sensex was at 77637.01, up 0.18% or 136.44 points.

Broader indices outperform with Nifty Smallcap 250 rising 0.5% and Nifty Midcap 100 rising 0.3%.

Share prices of L&T, Infosys, Titan Co. Ltd., Tata Consumer Products, and Maruti Suzuki contributed the most to gains. While those of ICICI Bank, HDFC Bank, NTPC, and Coal India weighed.

Most sectoral indices were up with Nifty Realty leading.

Budget 2025 Stock Market Live: Nifty, Sensex Higher At Pre-Open

At pre-open, Nifty 50 was at 23528.60, up 0.09% or 20.20 points and Sensex was at 77637.01, up 0.18% or 136.44 points.

Budget 2025 Stock Market Live: Fort Capital’s Thakkar Says RBI Heavy Lifting Expected

Parag Thakkar, fund manager at Fort Capital prefers banks with low CD ratio among PSU Banks. PSU Banks never ventured into unsecured lending. He said he expects a lot of heavylifting to be done by RBI, which is doing its bit by infusing liquidity.

Budget 2025 Stock Market Live: No Money Can Be Made Around Such Events, Says Khemka

Not geared about such opportunities in the short-term Prashant Khemka told NDTV Profit. He further added that Budget is a very tightly held secret and no one knows what will come out of it.

“So not our view that money can be made, or trade can be made around events like budget,” Khemka said on Saturday. He further said that he is expecting a lot of heavy lifting to be done by RBI.

Stock Market Live: Short-Term Capital Gains Tax In Focus

Apart from the personal income tax slabs, the focus of taxpayers during Finance Minister Nirmala Sitharaman’s Union Budget 2025 speech would be on any potential revisions in the short-term capital gains tax. In the Budget 2024, the STCG tax was raised to 20% from 15%. This covers the gains made on listed equity shares and mutual funds, and units of business trusts held for a short-term period, i.e. less than 12 months.

Get live tax updates here.

Economic Survey 2025: Focus On Sustainably Improving Medium-Term Growth, Say Brokerages

The Economic Survey 2024-2025, released on Friday, has garnered significant attention from leading brokerages, highlighting the survey’s emphasis on sustainably improving medium-term growth.

Analysts noted a focus on deregulation, fiscal consolidation, and the need for strategic policy measures to navigate global headwinds.

Click here to know what they have to say.

Gold Price At Rs 82,310 On Budget Day — Check Rates In Mumbai, Bengaluru, Delhi, Chennai And More

Gold price in India stood at Rs 82,310 per 10 grams as of 7:20 a.m. on Feb. 1, according to the India Bullion Association. Ahead of the Union Budget 2025, set to be announced by Finance Minister Nirmala Sitharaman starting at 11 a.m., the prices were on a steady rise as the changes in policy, stances and way ahead for sectors are awaited.

OMC Share Prices In Focus: BPCL, IOC, HPCL

Oil marketing companies have revised the prices of commercial LPG gas cylinders. The rate of 19 KG commercial LPG gas cylinders has been reduced by Rs 7 with effect from today. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1,797 from today.

Stock Market Live: Marico, Hero MotoCorp, Nestle, ONGC, Vedanta On Brokerages’ Radar

Marico Ltd., IndusInd Bank Ltd., Hero MotoCorp Ltd., Nestle India Ltd., Oil and Natural Gas Corp., and Vedanta Ltd. are among the top companies on brokerages’ radar on Saturday, after they reported their third-quarter earnings.

Kotak Securities, Morgan Stanley and Macquarie have done a deep dive into the Indian economy, after the 2024-2025 Economic Survey was released by India’s Chief Economic Advisor V. Anantha Nageswaran.

Read full story here.

Budget 2025 Live Updates: Nirmala Sitharaman To Present Record Eighth Budget; Stock Market To Remain Open

Finance Minister Nirmala Sitharaman will present the second full budget of the third NDA government. The alliance returned to power in the 2024 general elections.

Click here for live budget updates.

US Market Close: Indices End Lower

US indices gave up their earlier gains, after White House announced on Friday afternoon that the president’s tariffs will be available for public inspection at some point Saturday. S&P 500 closed down 0.50% at 6,040.53, while Dow Jones fell 0.75% to 44,544.66, and Nasdaq Composite was down 0.28% at 19,627.44.

Brokerages On Economic Survey

Kotak Securities

FY2025 Economic Survey: Batting for deregulation and reforms

Real GDP growth pegged at 6.3-6.8% in FY2026

Deregulation and economic freedom as catalysts for growth

Inflation easing; upside risk remains

External sector dynamics are shifting

Morgan Stanley

Economic Survey FY25 – Focus on Sustainably Improving Medium-term Growth

Survey provides an intent for reforms the government should implement and should be viewed as a recommendation for policy steps

Believe the budget will likely be guided by gradual pace of fiscal consolidation, focus on capex and policy measures to improve medium-term growth potential

Expect fiscal deficit to be pegged at 4.5% of GDP for FY26 with capex growth outpacing revenue expenditure growth

Macquarie

Muted recovery in growth for FY26E

Rural economy is doing fine; urban economy showing mixed trends

Comfortable on FX position, corporate bond markets deepening – more to go

Deregulation is the way forward

More job creation and skilling, and preparing for an AI world

To achieve the goal of being a Viksit Bharat by 2047, India needs to grow at 8% for the next couple of decades

Stock Market Live: Eyes On Nifty, Sensex Ahead Of Budget; IndusInd Bank, ONGC, GAIL In Focus

A day before budget 2025, the Indian equity benchmark indices closed higher four days in a row, but extended their monthly losing streak. The NSE Nifty 50 ended 260.05 points, or 1.12% up at 23,509.55, and the 30-stock BSE Sensex ended 740.76 points, or 0.97% higher at 77,500.57 on Friday.

Markets in India are open on Saturday, as Finance Minister Nirmala Sitharaman will announce the Budget 2025.

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