Stock market today, Feb. 2 -- India's stock indices showed little movement after the federal budget unsettled the markets in the previous session, following the government's suggestion to increase the transaction tax on derivatives and providing no significant initiatives to enhance foreign investment.

The Nifty 50 inched up by 0.36% to reach 24,908.25, while the BSE Sensex gained 0.43% to touch 81,155.50 as of 12:15 IST. Throughout the session, both indices fluctuated between losses of 0.2% and gains of 0.3%.

On Sunday, they plummeted nearly 2%, falling to four-month lows and recording their largest budget-day percentage decline in six years.

Market sentiment remained weak after the government set a higher gross borrowing target, resu...