Indian markets trade flat as budget anticipation and US Federal Reserve nomination weigh on metal stocks
Indian shares remained flat in a special Sunday session before the budget. Metal stocks declined after Kevin Warsh was nominated to lead the Federal Reserve.
Insights:
Indian shares remained muted during a special Sunday trading session as the country prepared for the presentation of the federal budget. Investors maintained a cautious stance while awaiting key signals on government capital spending and potential relief for export-oriented sectors. The Nifty 50 shed 0.08% to 25,301.65, while the BSE Sensex added 0.01% to 82,274.19 as of 9:33 a.m. IST in India 
IN.
IN.Finance Minister Nirmala Sitharaman nirmala sitharamanis scheduled to present the 2026–27 Indian federal budget at 11 a.m. IST. While the equity markets held this special session, the debt and foreign exchange markets remained shut. Santosh Meena santosh meenanoted that trading on budget day is historically one of the most volatile days in the year for Indianmarkets. Santosh Meenaalso mentioned that since the session took place on a Sunday, institutional investors may remain largely absent or inactive.
