Stock market today, Feb. 2 -- The Indian stock market is likely to start Monday's session on a positive note, attempting to recover from the sharp sell-off seen previously. However, volatility is expected to stay high as investors continue to assess the Union Budget 2026 proposals.

Asian markets were trading mixed, while US equities closed lower, with stock futures also pointing downward.

"Indian markets may remain under pressure following the sharp negative reaction to the Union Budget 2026-27, triggered by a surprise hike in the Securities Transaction Tax (STT) on derivatives. While DII buying could offer some support, near-term sentiment remains cautious to mildly bearish as market participants reassess positioning in anticipation of...