31 Jan 2026, Sat

Budget 2026: The country’s general budget will be presented on Sunday, February 1. During this period, investors will focus on those sectors which are expected to benefit from continued government spending and policy support. PSUs can dominate the market in banks, railways, defence, infrastructure, electric vehicles and FMCG sectors. New allocations and reforms in these sectors are expected to boost the sector-specific rally.

Mixed condition of sectoral index

Sectoral indices remained mixed on Friday, the last trading day of the week before the budget, with good gains seen in FMCG, consumer durables, healthcare and auto stocks. On one hand, Nifty Auto Index rose 0.73 percent and closed at 26,750.35. At the same time, Nifty FMCG closed at 51,215.20 with a gain of 1.37 percent. Nifty Consumer Durables index also rose by 1.08 percent to reach 34,387.55 and Nifty Healthcare index jumped by 0.75 percent to close at 13,893.85.

Which sectors were under pressure?

On the other hand, financial and metal sectors appeared to be under pressure. Nifty Financial Services fell 0.85 percent to 29,773.10. Nifty Metal fell sharply by 5.21 percent and closed at 11,827.55, making it the worst performing sector.

Among banks, Nifty PSU Bank remained flat at around 9,019.35, while Nifty Private Bank declined by 0.63 per cent. Large scale Nifty Realty gained 0.84 per cent and Nifty Media gained 1.85 per cent. Similarly, Midsmall Healthcare and Midsmall IT & Telecom indices also saw slight gains.

stock market under pressure

The special thing is that the Indian stock market is under continuous pressure for the last few sessions, the main reason for which is the heavy selling of FIIs in domestic equities. According to exchange data, foreign portfolio investors continued their selling and on January 29, 2026, foreign investors sold shares worth Rs 393.97 crore. In contrast, domestic institutional investors placed bets on Indian stocks worth Rs 2,638.76 crore on the same day.

Disclaimer: (The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)

Also read:

Steer or roll? How is the stock market after the budget? Know the trend of last 15 years

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