Share Market Plunges Before Budget: Sensex Down 297 Points, Nifty Below 25,350

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Moneycontrol•30-01-2026, 16:18
Share Market Plunges Before Budget: Sensex Down 297 Points, Nifty Below 25,350
- •Indian share market saw a decline today, with Sensex falling 297 points and Nifty closing below 25,350, ahead of the Budget 2026-27.
- •Weak global cues and investor caution before the budget presentation on February 1 contributed to the market pressure.
- •Sectoral indices showed mixed performance; Metal index dropped 5%, while Pharma, Media, Consumer Durables, and FMCG sectors gained.
- •Mahindra & Mahindra, SBI, ITC, Bharat Electronics, and HUL were among the top Sensex gainers.
- •Tata Steel, ICICI Bank, Power Grid, HCL Tech, and Tech Mahindra were the biggest Sensex losers.
Why It Matters: Indian share market declined due to pre-budget caution and weak global cues, with mixed sectoral performance.
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