New Delhi, Jan. 30 -- As the Union Budget 2026-2027 approaches amid heightened volatility, historical data from the Indian stock market suggests that investors may want to look beyond knee-jerk reactions. An analysis by SBI Securities of the last 15 Union Budget cycles - both interim and full - offers useful insights into how Indian equities typically behave after Budget Day, across indices, sectors and volatility measures .

Historically, Indian stock market benchmark indices, Sensex and Nifty 50, have shown a tendency to recover after the Budget. The Sensex has closed higher in the week following the Budget on 11 out of the last 15 occasions, delivering an average gain of 2.1%.

Over a three-month horizon, the index ended in positive te...