Mumbai, Feb. 1 -- The key equity indices remained volatile on Budget Day, ending near the flat line despite key announcements by Finance Minister Nirmala Sitharaman in the Union Budget 2025-26. The Nifty 50 settled below the 23,500 mark, after touching an intraday high of 23,632.45 in mid-morning trade. Tax relief boosted consumption stocks (realty, autos, FMCG, consumer durables), but the market's overall reaction to the budget was largely muted.

The S&P BSE Sensex added 5.39 points or 0.01% to 77,505.96. The Nifty 50 index lost 26.25 points or 0.11% to 23,482.15.

Trent (up 7.45%), ITC (up 3.33%) and Mahindra & Mahindra (up 2.96%) boosted the indices.

Bharat Electronics (down 3.76%), Larsen & Toubro (down 3.36%) and Infosys (down 1.50...