Indian stock market indices, Sensex and Nifty 50, traded lower amid volatility today, 1 February 2025, after the Union Budget 2025-2026 was presented in the Parliament.

IST, the barometer index, the S&P BSE Sensex, slipped 199.94oints or 0.23% to 77,300. The Nifty 50 index lost 116.80 points or 0.50% to 23,391.60.

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain open on February 1 despite it being a Saturday, due to the Union budget presentation.

FM Nirmala Sitharaman said that the government will introduce a new Income Tax (I-T) bill in Parliament next week.

It was followed by Nifty Oil & Gas, which dropped by 1.93 per cent, and Nifty PSU Bank and Nifty Mid-Small IT & Telecom, both of which declined by 1.29 per cent.