📊 Budget Day Volatility: Sharp Fall, Swift Recovery

Union Budget Day – 1 February 2026 was marked by intense volatility in Indian equity markets. Following the Budget announcement, the broader Nifty index slipped sharply, falling as much as 748 points (nearly 3%), reflecting initial nervousness over policy measures. The pressure persisted till around 12:31 PM, after which sentiment improved significantly. The Nifty 50 staged a strong post-Budget recovery, rebounding over 500 points within the next hour of trading, trimming a large part of the day’s losses. The turnaround was largely led by the Nifty IT index, which outperformed the broader market.

surged over 3.5%, while gained more than 2%, providing crucial support to the benchmark. 📈 Market takeaway: Budget Day reactions remain volatile, but selective sector leadership can quickly shift market momentum. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.