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Post Session: Quick Review
Feb-01-2026

Indian equity benchmarks ended Sunday’s special trading session near the day’s low points following Finance Minister Nirmala Sitharaman presented the Union Budget 2026. Markets made a cautious start and hovered around the neutral lines as investors awaited clarity from the Budget announcements. However, in afternoon session, market slipped into red terrains and remained under heavy selling pressure, after proposals to raise the Securities Transaction Tax (STT) on F&O trading.

Some of the important factors in trade:

Budget proposes higher STT on futures: Sentiments remained downbeat after the Securities Transaction Tax (STT) charged on F&O trading has been increased to 0.05 per cent from 0.02 per cent of the transaction value.

India, US rushing to close trade deal ‘quickly’: Traders overlooked Commerce and Industry Minister Piyush Goyal said that the negotiations for a proposed bilateral trade agreement between India and the US are progressing, and both countries are working to close the deal quickly. 

Gross GST collections rise 6.2% in January: Traders pain no head towards the data showed gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports.        

The BSE Sensex ended at 80722.94, down by 1546.84 points or 1.88% after trading in a range of 79899.42 and 82726.65. There were 3 stocks advancing against 27 stocks declining on the index. (Provisional)

The gaining sectoral indices on the BSE were IT up by 0.66% and TECK up by 0.04%, while PSU down by 4.17%, Metal down by 3.85%, Basic Materials down by 3.35%, Energy down by 3.14% and Capital Goods down by 3.02% were the losing indices on BSE. (Provisional)

The gainers on the Sensex were TCS up by 1.77%, Sun Pharma up by 0.80% and Infosys up by 0.15%. On the flip side, SBI down by 5.43%, Bharat Electronics down by 5.36%, Adani Ports and Special Economic Zone down by 4.98%, NTPC down by 4.13% and ITC down by 3.91% were the top losers. (Provisional)

Meanwhile, the Reserve Bank of India (RBI) in its latest monthly data has showed that India's international trade in services showed notable momentum in December 2025, with both exports and imports registering year-on-year and month on month growth.

The value of services exports (receipts) stood at $41,775 million in December 2025, reflecting a 21.93 per cent growth as compared to $34,262 million in November 2025. Services exports were 13.0 per cent higher compared to the same month last year. In October 2025, they stood at $35,167 million.

Further, services imports (payments) reached $19,104 million in December 2025, marking a 13.20 per cent rise over $16,877 million in November 2025. Services imports rose 7.3 per cent compared to the same month last year. In October 2025, they stood at $17,729 million.

The CNX Nifty ended at 24825.45, down by 495.20 points or 1.96% after trading in a range of 24571.75 and 25440.90. There were 7 stocks advancing against 43 stocks declining on the index. (Provisional)

The top gainers on Nifty were Max Healthcare up by 2.08%, Wipro up by 2.07%, TCS up by 2.02%, Sun Pharma up by 0.93% and Infosys up by 0.82%. On the flip side, Hindalco down by 5.65%, SBI down by 5.47%, ONGC down by 5.45%, Adani Ports and Special Economic Zone down by 5.28% and Bharat Electronics down by 5.27% were the top losers. (Provisional)

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