Stock Market LIVE: Sensex drops 350 pts, Nifty below 25,150; FM raises STT on F&O in Budget 2026

Budget 2026 | Stock Market LIVE Updates on February 1, 2026: FM Sitharaman has raised STT on Future trades to 0.05 per cent from 0.02 per cent under Budget 2026.

12:21 PM

Stock Market LIVE Updates on Budget 2026: India proposes to exempt basix custom duty on 17 cancer drugs

12:21 PM

Stock Market LIVE Updates on Budget 2026: India proposes to exempt custom duty on critical mineral goods

12:20 PM

Stock Market LIVE Updates on Budget 2026: FM proposes customs duty exemptions on 17 essential cancer drugs

Stock Market LIVE Updates on Budget 2026:  During her speech, Finance Minister Nirmala Sitharaman said she proposes to extend customs duty exemptions on 17 essential drugs related to cancer treatment.

12:20 PM

MARKET COMMENT :: Tanvi Kanchan, Associate Director & Head - NRI Business, Anand Rathi

Individual persons resident outside India will be permitted to invest in Indian equities through the Portfolio Investment Scheme with higher limits. The individual investment cap is being raised from 5% to 10%, while the aggregate limit for all such investors will increase from 10% to 24%. These increases enable foreign investors to build more substantial positions in Indian companies, which could enhance market efficiency, broaden the shareholder base, and foster stronger long-term investment in Indian capital markets.

12:20 PM

Stock Market LIVE Updates: Sensex falls 460 pts, Nifty below 25,100

12:18 PM

Stock Market LIVE Updates: BSE tanks 9% as STT on futures increased to 0.05%

12:17 PM

Stock Market LIVE Updates on Budget 2026: India to exempt duties on goods for nuclear projects, says FM

Stock Market LIVE Updates on Budget 2026:  During her speech, Finance Minister Nirmala Sitharaman said that India proposes to exempt duties on goods required for nuclear projects.

12:17 PM

Stock Market LIVE Updates on Budget 2026: India to exempt duty on goods for nuclear products

12:16 PM

Stock Market LIVE Updates on Budget 2026: Budget plans to spend $1.1 bn to build biopharma manufacturing hub

12:15 PM

Stock Market LIVE Updates on Budget 2026: India to allow duty-free import of some leather products

12:15 PM

Stock Market LIVE Updates on Budget 2026: India plans to make mat as final tax

12:15 PM

Stock Market LIVE Updates on Budget 2026: Nifty Capital Markets falls 5% as STT on futures increased to 0.05%

12:15 PM

Stock Market LIVE Updates on Budget 2026: FM increases STT on futures and options premiums

Stock Market LIVE Updates on Budget 2026:  During her speech, Finance Minister Nirmala Sitharaman said India proposes to increase the securities transaction tax, raising STT on futures from 0.02 per cent to 0.05 per cent and on options premium from 0.1 per cent to 0.15 per cent.

12:14 PM

Stock Market LIVE Updates on Budget 2026: India plans to raise transaction tax on equity derivatives

12:12 PM

Stock Market LIVE Updates on Budget 2026: FM announces tax filing relief

Stock Market LIVE Updates on Budget 2026:   During her speech, Finance Minister Nirmala Sitharaman announced that the time limit for revising income tax returns will be extended till March 31 with a nominal fee, and proposed a six-month foreign asset disclosure scheme. She also mooted July 31 as the deadline for filing ITR-1 and ITR-2, and said that the minimum payment on core tax demand has been reduced to 10 per cent from 20 per cent.

12:11 PM

Stock Market LIVE Updates on Budget 2026: India to tax buyback for all type of shareholders

12:11 PM

Stock Market LIVE Updates on Budget 2026: India plans minimum alternative tax exemption to NRI on presumptive

12:11 PM

Stock Market LIVE Updates on Budget 2026: IT stocks gain; Nifty IT up over 1%

12:08 PM

Stock Market LIVE Updates on Budget 2026: TDS to be deducted on sale of immovable property by non-residents, says FM

Stock Market LIVE Updates on Budget 2026:  During her speech, Finance Minister Nirmala Sitharaman said that TDS will be deducted on the sale of immovable property by non-residents.

 

12:08 PM

Stock Market LIVE Updates on Budget 2026: India plans tax holiday till 2047 for cloud services

Stock Market LIVE Updates on Budget 2026: India plans tax holiday till 2047 for global cloud services and Indian Data centres

12:07 PM

Stock Market LIVE Updates on Budget 2026: Government to borrow ₹11.7 trillion via dated securities, says FM

Stock Market LIVE Updates on Budget 2026: During her speech, Finance Minister Nirmala Sitharaman said the Indian government aims to borrow ₹11.7 trillion through dated securities to fund the fiscal deficit.

12:07 PM

MARKET IMPACT:: Rare Earth Corridors

The government’s push to develop rare earth corridors across Odisha, Kerala, Andhra Pradesh, and Tamil Nadu marks a strategic move to secure India’s critical mineral supply chain and reduce reliance on China, particularly for rare earth magnets used in electronics, EVs, and defence applications. 

 

The focus on integrated exploration, mining, refining, and downstream manufacturing enhances domestic value addition and supports India’s high-tech manufacturing ambitions. 

 

This is structurally positive for players like Gujarat Mineral Development Corporation, which operates across the rare earth value chain from ore beneficiation to magnet manufacturing. Additionally, NLC India Limited’s collaboration with IREL (India) Limited strengthens execution capability in rare earth mining and processing, positioning these firms as long-term beneficiaries of this policy thrust.

 

Divyam Mour, Research Analyst, SAMCO Securities

| screengrab/SansadTV

12:07 PM

Stock Market LIVE Updates on Budget 2026: Budget to support IT sector

Stock Market LIVE Updates on Budget 2026: India threshold for safe harbour for IT Services increased to ₹2000 crore

12:06 PM

Stock Market LIVE Updates on Budget 2026: Nifty India Defence index fall 3 per cent

Stock Market LIVE Updates on Budget 2026: Among index constituents, Bharat Dynamics, Garden Reach Shipbuilders, Paras Defence, Data Patterns, Mazagon Dock, Zen Technologies fell over 4 per cent each.

12:05 PM

BUDGET IMPACT: STOCKS IN FOCUS

The increased ₹40,000 crore outlay for the semiconductor mission, coupled with industry-led research and training centres, significantly strengthens India’s ambition to build a self-reliant chip ecosystem while reducing structural dependence on China for critical semiconductor supplies. 

 

The enhanced fiscal support improves project viability, lowers entry costs, and boosts global competitiveness for domestic manufacturers, while accelerating innovation in chip design and advanced manufacturing. 

 

This creates a favourable environment for companies such as Kaynes Technology India Limited, CG Power and Industrial Solutions Limited, and Tata Electronics Private Limited as they scale fabrication and advanced electronics capabilities. Additionally, EMS players looking to backward integrate into semiconductors stand to benefit through higher value capture and long-term earnings visibility

 

Divyam Mour, Research Analyst, SAMCO Securities

12:04 PM

Stock Market LIVE Updates on Budget 2026: FM announces tax relief in Budget 2026

Stock Market LIVE Updates on Budget 2026: During her speech, Finance Minister Nirmala Sitharaman announced key measures in Budget 2026 aimed at providing tax relief, simplifying compliance, and outlining the government’s borrowing roadmap. She said the TCS rate on foreign tours will be reduced from 5 per cent to 2 per cent, net market borrowings for FY27 are set at ₹11.7 lakh crore, and simplified income tax forms will be notified shortly. She also noted that FY27 net tax receipts are pegged at ₹28.7 lakh crore.

12:04 PM

Stock Market LIVE Updates on Budget 2026: Proposes scheme for small tax payers

12:03 PM

MARKET COMMENT:: Divyam Mour, Research Analyst, SAMCO Securities

The proposal announced by Finance Minister Nirmala Sitharaman to develop seven high-speed rail corridors, including key economic routes such as Mumbai–Pune, Pune–Hyderabad, Hyderabad–Bengaluru and Bengaluru–Chennai, represents a structural push toward decongested, high-capacity rail infrastructure.

Dedicated high-speed corridors are likely to accelerate project execution, improve asset utilisation, and unlock large EPC order inflows across track laying, electrification, signalling and station development.

This is materially positive for railway infrastructure players such as Rail Vikas Nigam Limited and IRCON International Limited, while electrification and civil contractors like KEC International Limited, NCC Limited and Ashoka Buildcon Limited should see sustained order momentum. Financing support from Indian Railway Finance Corporation further strengthens funding visibility for long-term rail expansion.

12:03 PM

Stock Market LIVE Updates on Budget 2026: Total expenditure for FY27 seen at ₹53.5 trillion

12:02 PM

Stock Market LIVE Updates on Budget 2026: Tourism stocks gain up to 10%

Stock Market LIVE Updates on Budget 2026: Shares of Tourism sector companies gained on Sunday after FM Sitharaman announced several benefits for the sector. Among indidual stocks, ITDC rose 10 per cent, Easy Trip 8 per cent, followed by SpiceJet, Lemon Tree, and Yatra up over 1 per cent each.