Indian Equity Markets Open Lower Following Federal Budget Omissions

Indian benchmark indices traded lower on Feb 2 after the federal budget failed to provide tax relaxations. Market sentiment remained weak following a rise in bond yields.

洞察:
Equity markets in India ININcontinued their downward trajectory on Monday as benchmark indices opened in the red following a period of heightened volatility. On Feb 2, the Nifty 50 was 24,796.5, down 0.12% as of 9:15 a.m. IST, while the BSE Sensex was 80,555.68, down 0.21% as of 9:15 a.m. IST. This early weakness reflected ongoing investor caution following a significant broad-based sell-off during a special budget-day trading session held over the weekend.
A bird flies near the Bombay Stock Exchange (BSE) building in Mumbai, India, April 3, 2025. REUTERS/Francis Mascarenhas
A bird flies near the Bombay Stock Exchange (BSE) building in Mumbai, India, April 3, 2025. REUTERS/Francis Mascarenhas
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