Stock market today witnessed sharp volatility on Budget Day, February 1, as Indian equity indices ended the session on a weak note. The pressure came after Finance Minister Nirmala Sitharaman announced an increase in Securities Transaction Tax (STT) on equity F&O trades during her Union Budget speech.
Sensex plunged 1,546.84 points (1.88%) to settle at 80,722.94
Nifty 50 dropped 495.20 points (1.96%) to end at 24,825.45.
Nifty Bank index also remained under pressure, falling 1,193.25 points (2%) to 58,417.20.
Top Gainers of Nifty 50
Stock
CMP (₹)
Change
Gain (%)
52 Weeks High (₹)
Max Healthcare
976.70
19.90
2.08
1,314.30
Wipro
241.80
4.90
2.07
323.60
TCS
3,186.90
63.00
2.02
4,150.00
Sun Pharma
1,610.10
14.80
0.93
1,851.20
Infosys
1,654.50
13.50
0.83
1,924.00
Top Losers of Nifty 50
Stock
CMP (₹)
Change
Loss (%)
52 Weeks High (₹)
Hindalco
908.20
-54.40
-5.65
1,029.80
SBI
1,018.20
-58.95
-5.47
1,083.60
ONCG
254.30
-14.66
-5.45
277.77
Adani Ports
1,344.90
-74.90
-5.28
1,549.00
Bharat Elec
425.35
-23.65
-5.27
461.65
52 Week High Stocks of Nifty 50
Stock
52 Weeks High (₹)
CMP (₹)
Axis Bank
1,384.90
1,340.40
Bharat Elec
461.55
425.35
SBI
1,083.60
1,018.20
52 Week Low Stocks of Nifty 50
Stock
52 Weeks Low (₹)
CMP (₹)
ITC
465.20
309.45
Roundup of Stock Market Today
Sector Update
Metal stocks were the worst hit, with the index sliding 3.8%
PSU Banks declined 4%
Capital Goods fell 3%
Oil & Gas stocks slipped 2.7%
IT sector was the only gainer, supported by stocks like Wipro, TCS, Infosys, and Sun Pharma
Kaashika is a social media strategist and financial content creator at Lakshmishree. She specialises in simplifying complex IPO and stock market concepts into clear, easy-to-understand content. Having created over 500+ pieces of financial content across reels, blogs, website posts and digital creatives, Kaashika helps audiences connect with the world of finance in a more accessible and engaging way.
