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Mumbai. Domestic stock markets, which faced a huge fall on the day of the General Budget, made a strong comeback on Monday. BSE Sensex closed 943 points higher due to buying in shares of oil and gas, banks and automobile companies, while NSE Nifty registered a rise of 263 points. BSE’s benchmark 30-share index Sensex closed at 81,666.46 points with a gain of 943.52 points, or 1.17 percent.

At one point during trading, it had climbed 1,009.31 points to reach a high of 81,732.25 points. At the same time, NSE’s 50-share standard index Nifty increased by 262.95 points or 1.06 percent and closed at 25,088.40 points. At one time during trading it had climbed 282.65 points to reach 25,108.10 points. According to experts, the sharp fall in global crude oil prices brought relief to the domestic stock markets.

In the international market, Brent crude fell 4.88 percent to $ 65.94 per barrel. Among Sensex group companies, Power Grid gained 7.61 percent and Adani Ports gained 4.76 percent. Apart from these, Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation (ie IndiGo), ICICI Bank and UltraTech Cement were also major gainers.

On the other hand, shares of Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan closed with losses. Earlier, on the day of Union Budget 2026-27, the proposal to increase Securities Transaction Tax (STT) had led to a big fall in the stock markets. In the special trading session held on the day of presentation of the budget on Sunday, the Sensex fell by 1,546.84 points or 1.88 percent and closed at 80,722.94, while the Nifty fell by 495.20 points or 1.96 percent at 24,825.45 points.

Vinod Nair, Head of Research, Geojit Investments Ltd, said, “Market volatility was increased due to the increase in STT and the government’s plan to raise more borrowing for the financial year 2026-27. “But policy continuity, a clear focus on growth and fiscal discipline in the Budget have strengthened confidence in medium- to long-term earnings.”

He said that the sharp fall in crude oil prices and signs of easing geopolitical tension between America and Iran also supported the market. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 588.34 crore on Sunday.

In other markets of Asia, South Korea’s Kospi fell by more than five percent while Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng also closed down. European markets were trading with mixed sentiment. US markets closed in loss on Friday.