Indian equities began Wednesday’s session on a muted note as investors remained cautious ahead of global triggers. Early trade showed limited movement in frontline indices, reflecting a wait-and-watch approach on Dalal Street.

India’s primary market continues to see steady investor participation even as the secondary market remains volatile. Select IPOs are witnessing healthy subscription from institutional investors, reflecting confidence in quality offerings.

The Indian rupee traded in a narrow band against the US dollar as mixed global signals kept currency traders cautious. Dollar movement, crude oil prices and foreign fund flows remained key drivers for the domestic unit.

Midcap and smallcap segments witnessed selective accumulation even as frontline indices remained under pressure. Investors showed interest in fundamentally strong counters after the recent correction in the broader market.

Gold prices firmed up in domestic markets supported by safe-haven demand and global uncertainty. Weakness in the dollar and cautious equity sentiment also aided the yellow metal’s upward bias.

The Nifty 50 managed to hold crucial support levels during the session, though overall sentiment remained cautious. Intraday volatility persisted as investors booked profits in high-beta sectors.

Indian equity benchmarks witnessed a volatile session with the Sensex ending lower amid broad-based profit booking. Selling pressure in IT, metals and select financial stocks dragged the index despite intermittent buying support in banking counters.

In the Union Budget 2026–27, the Indian government has set a significantly higher target of ₹80,000 crore to be raised through disinvestment and asset monetisation under miscellaneous capital receipts, marking a major policy thrust on non-tax revenue sources.

India’s Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, drew a wide range of responses from political leaders, industry experts, and market participants — with reactions reflecting both optimism and criticism.
Following the Budget announcement, several market and economic experts weighed in on its key measures:

Indian stock markets were expected to open higher on Sunday ahead of the presentation of the 2026–27 Union Budget by Finance Minister Nirmala Sitharaman, as investors looked for cues on government support for economic growth and export-oriented sectors.
In early trading, GIFT Nifty futures were indicating a positive start, suggesting the NSE Nifty 50 could open above its previous close of 25,320.65. Markets were operating in a special trading session on budget day, while debt and foreign exchange markets remained shut.