Bull vs bear, Feb. 3 -- Indian benchmark stock market indices closed flat after Saturday's market session as investors reacted negatively to the Union Budget 2025 capex numbers. The Nifty 50 index closed 0.11 per cent lower at 23,482.15 points after the stock market session, compared to 23,508.40 at the previous market close.

The BSE Sensex closed 0.01 per cent higher at 77,505.96 points, compared to 77,500.57 points at the previous stock market close. India's budget announcement fell short of market expectations, as economists and investors expected the government to announce a higher capex allocation amid a slow-growing economy.

India's revised budget estimates for FY2024-25 showed that capital expenditures for this fiscal year are ex...