Sensex Surges 942 Points, Nifty Reclaims 25,000 Post-Budget Rebound

• Indian equity benchmarks Sensex and Nifty rebounded significantly on Monday, a day after sharp declines following the Union Budget 2026-27.
• The BSE Sensex climbed 942.27 points to 81,665.21, while the NSE Nifty rose 264.65 points to 25,090.10, reclaiming the 25,000 mark.
• The previous day's fall was triggered by a Budget proposal to raise the Securities Transaction Tax (STT) on futures and options (F&O) to curb speculative trading.
• Despite concerns over the STT hike and the government's higher borrowing program, investors bought beaten-down blue-chip stocks.
• The rupee also strengthened by 37 paise to 91.56 against the US dollar, aided by softer global crude oil prices.

Why It Matters: Indian markets rebounded strongly post-Budget, with Sensex and Nifty recovering losses despite STT hike concerns.