Indian markets open special session ahead of union budget presentation

Indian shares are set for a higher start in a special session as investors await the federal budget. The fiscal plan will focus on capex and export growth.

Insights:
Indian equity markets opened for a special trading session on Sunday as investors prepared for the presentation of the 2026–27 union budget in IN ININ. The early indicators from GIFT Nifty futures, which closed at 25,443 on Friday, suggested that the NSE Nifty 50 was poised to open higher than its previous close of 25,320.65. While the stock markets engaged in this unusual weekend session, the debt and foreign exchange markets remained shut in anticipation of the major fiscal announcement.
A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas
A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas
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