Stock market today, Jan. 29 -- The domestic benchmark indices, Nifty 50 and Sensex, dropped on Thursday after two days of gains driven by the trade agreement with the European Union, as focus shifted to the federal budget set to be announced on Sunday.

The budget is crucial for indications regarding the direction of economic growth and corporate profits in the world's fastest-growing major economy. The markets will function in a special session on Sunday.

The Nifty 50 decreased by 0.23% to 25,281 . 90, while the Sensex fell by 0.21% to 82,172.29, as reported at 12:24 IST. Indian stocks have experienced a lackluster start to 2026, with the Nifty 50 down approximately 3.6%.

The decline follows the US Federal Reserve's decision to maintai...