New Delhi, Jan. 30 -- The Union Budget has consistently been one of the most influential events shaping the Indian stock market. Budget day is often associated with heightened volatility, with historical data from the last 25 years (since the February 1 budget was introduced) indicating that only on eight occasions during this period did the Indian market move less than 1 per cent on the budget day.

In the previous budget session (February 1, 2024), Indian indices experienced significant volatility before closing on a weak note. The Sensex declined by 106.81 points or 0.15 per cent to settle at 71,645.30, while the Nifty closed 28.25 points or 0.13 per cent lower at 21,697.45. This marked only the second instance since 2018 when Indian i...