Markets Fall Ahead of Budget Despite Strong Economic Survey; Sensex Drops Over 500 Points

ଅପରାଧ

ପୁରୀରେ ମର୍ଡର ଆରୋପୀଙ୍କୁ ମାଡ଼: ସିନ୍‌ ରିକ୍ରିଏସନ୍‌ ସମୟରେ ଉତ୍ତେଜନା,...

March 31, 2026

ବୌଦ୍ଧରେ ଗଞ୍ଜେଇ ଚାଲାଣରେ ପୁଲିସ କନ୍ଷ୍ଟେବଲ୍ ଗିରଫ, 10 କେଜିରୁ...

March 31, 2026

ନବରଙ୍ଗପୁରରେ LPG କଳାବଜାରୀ ଉପରେ ଚଢ଼ାଉ: 38ଟି ସିଲିଣ୍ଡର ଜବତ

March 31, 2026

ଭୁବନେଶ୍ୱର ପଟିଆରେ ଅଟୋରିକ୍ସାରୁ ମିଳିଲା ପରିତ୍ୟକ୍ତ ନବଜାତ ଶିଶୁ

March 31, 2026

ଦେଶ

ଦୁଃଖଦ ଦୁର୍ଘଟଣା: କାର୍ ଖାଇରେ ପଡ଼ି 9 ମୃତ୍ୟୁ, ପରିବାର...

April 04, 2026

INS Taragiri ନୌସେନାରେ ଯୋଗ: ଭାରତର maritime ଶକ୍ତିକୁ ନୂଆ...

April 03, 2026

Gujarat ରେ ରାଜନୈତିକ ତଣାତଣି: AAP ନେତା Isudan Gadhvi...

April 02, 2026

Amaravati କୁ ରାଜଧାନୀ କରିବା Bill ପାସ୍: Congress, BJP,...

April 01, 2026

Markets Fall Ahead of Budget Despite Strong Economic Survey; Sensex Drops Over 500 Points

Indian equity markets opened lower on Friday after three sessions of gains as investors turned cautious ahead of the Union Budget and key global cues. Selling pressure in metal and IT stocks, continued FII outflows and a weak rupee dragged benchmarks lower, even as the Economic Survey projected robust growth for the Indian economy.

Published by Somesh | January 30, 2026

Indian stock markets began Friday’s session on a weak note, snapping a three-day winning streak, as investors booked profits and reduced risk exposure ahead of the Union Budget. Caution prevailed despite the Economic Survey projecting strong medium-term growth prospects for the Indian economy.

At around 9:30 am, the S&P BSE Sensex declined 516.43 points to 82,049.94, while the NSE Nifty50 fell 192.75 points to 25,226.15. Metal and IT stocks led the losses, while broader markets saw sharper declines as midcap and smallcap stocks came under pressure.

Market sentiment remained cautious amid persistent foreign investor selling, a falling rupee and global uncertainties, including geopolitical tensions and rising crude oil prices. Experts noted that while near-term headwinds are weighing on markets, the Economic Survey’s growth outlook offers support over the medium term.

Foreign portfolio investors have continued to pare exposure, selling equities worth over Rs 43,600 crore so far in January, while domestic institutional investors provided partial support through net buying. Meanwhile, the rupee hovered near record lows against the US dollar, adding to concerns over inflation and input costs.

With volatility rising and sectoral indices largely in the red, investors are expected to remain cautious until there is greater clarity from the Union Budget and global developments.