New Delhi, Feb. 1 -- Indian stock market witnessed a bruising and highly volatile session on Sunday as investors reacted sharply to key proposals in the union Budget 2026-27, triggering one of the steepest Budget-day sell-offs in recent years. What began as a cautious, range-bound opening quickly snowballed into a broad-based rout, with benchmark indices sliding sharply as the Finance Minister's speech unfolded.
The BSE Sensex tumbled over 1,500 points, slipping below the 82,000 mark, while the Nifty 50 cracked crucial support levels to trade near 24,800, weighed down by relentless selling across frontline stocks. The sharp downturn was largely sparked by the government's decision to raise the Securities Transaction Tax (STT) on equity der...