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• The market collapsed in the live budget itself
• Sensex fell by 2000 points
• Along with shares, gold and silver also fell

Union Budget 2026: Union Finance Minister Nirmala Sitharaman presented the budget in Parliament on Sunday, February 1. This budget was historic as it was the first time that the general budget of the country was presented on a Sunday. BSE, NSE and MCX remained open for special trading on this occasion. However, Sunday’s budget turned out to be ominous for investors.

Sensex plummeted by 2000 points during Finance Minister’s budget speech. NSE Nifty also saw a significant decline. The presentation of the National Budget and the decision to trade in the stock market on a holiday is said to be inauspicious and is considered a ‘black’ day in the stock market.

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Ahead of Union Budget 2026, the Nifty 50 index opened at 25,333.75, a marginal gain of 13.10 points or 0.05 per cent. The BSE Sensex opened up 176.19 points, or 0.21 percent, at 82,445.97. However, in the midst of Union Budget 2026, the Indian stock market witnessed a significant decline. The Sensex plunged by over 2000 points, causing chaos in the stock market.

Finance Minister Nirmala Sitharaman announced during her budget speech that the STT on futures trades will be increased from 0.02 percent to 0.05 percent. Moreover, the Finance Minister proposed to increase the STT on options premium from 0.1 per cent to 0.15 per cent. This had a direct negative impact on the stock market. Broader markets also fell. Nifty Midcap 100 fell 2.7 percent and Nifty Smallcap 100 lost 3.4 percent.

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The Sensex fell over 800 points to 81,420 during the Budget speech earlier. The index fell more than 1,200 points from the day’s high. Meanwhile, the Nifty fell 300 points to 25,018. Bank Nifty also fell by over 700 points. The index fell more than 900 points from the day’s high. However, in no time, the entire market collapsed.

On the Budget day, trading continued on the commodity market MCX along with the stock market. Silver prices took the biggest hit as the market opened. The price of 1 kg of silver suddenly fell to Rs 27,000, creating a panic among investors. Gold was not spared from the fall either, with prices falling over 13,000. Gold and silver prices fell as much as 9 percent in trade ahead of the Union Budget 2026-27.