Market experts believe that while the budget had some positive aspects, certain key areas did not meet expectations.

The Indian stock market saw significant gains as the Nifty 50 surpassed 23,500, fueled by large-cap stocks and pre-Budget optimism. Analysts suggest a potential repo rate cut by the RBI, while the Economic Survey predicts stable consumption and controlled inflation for FY26.

The Indian stock market witnessed a strong rally ahead of the Union Budget 2025 announcement, with the BSE Sensex surging nearly 800 points to hit a day's high of 77,537.12, while the Nifty gained almost 300 points.

While global markets were hit due to a slide in AI and tech stocks, Sensex and Nifty displayed resilience and surged sharply, supported by a rally in heavyweight banking and financial services stocks.

The Economic Survey highlighted a key risk for the Indian stock markets from the US. The survey flagged that a US market correction could affect Indian markets, particularly impacting young retail investors’ sentiments.

The Indian stock market witnessed broad-based buying on Wednesday (January 29), with the Nifty reclaiming the 23,100 mark and the Sensex closing above 76,500. The Sensex gained 632 points to end at 76,

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,438 level, a premium of nearly 20 points from the Nifty futures’ previous close.

The 30-share BSE benchmark Sensex jumped 740.76 points or 0.97 per cent to close at 77,500.57. The NSE Nifty opened in the green and surged 258.90 points or 1.11 per cent to end at 23,508.40.​​