Mumbai, 01-02-2025 – The Indian stock market is witnessing cautious trade as the Union Budget is being presented in Parliament. Investors are closely monitoring policy announcements, leading to measured movements in key indices.
The Nifty 50 is currently trading at 23,580, up 70 points, while the BSE Sensex has gained 230 points, hovering around 77,713. The market sentiment remains mixed as traders assess potential fiscal measures and their impact on various sectors.
Public Sector Enterprises (PSE) and the energy sector are in focus, with investors anticipating budgetary allocations and policy changes that could influence these industries. Stocks in these sectors have shown resilience, with selective buying observed amid the broader cautious trend.
Market experts suggest that volatility may increase as the budget speech progresses, with traders reacting to key announcements on taxation, infrastructure spending, and fiscal deficit targets.
Investors are advised to tread carefully and monitor policy cues before making significant trading decisions. Stay tuned for further updates as the budget unfolds.
