
The BSE Sensex fell to a low of 81,129, down 1,140 points or 1.39%, while the NSE Nifty50 traded at 24,965, down 356 points or 1.41%.
During her Budget speech, Finance Minister Nirmala Sitharaman announced an increase in STT (Securities Transaction Tax): the STT on futures trades will rise from 0.02% to 0.05%, and the STT on options premiums will go up from 0.1% to 0.15%.
The broader market also weakened, with the Nifty Midcap 100 dropping 2.7% and the Nifty Smallcap 100 down 3.4%.
| Symbol | Open | High | Low | Prev. Close | LTP | % Change |
| MAXHEALTH | 958.00 | 996.40 | 950.60 | 956.80 | 988.85 | 3.35 |
| WIPRO | 236.80 | 241.80 | 235.44 | 236.90 | 240.24 | 1.41 |
| SUNPHARMA | 1,640.00 | 1,655.70 | 1,590.00 | 1,595.30 | 1,615.60 | 1.27 |
| TCS | 3,123.80 | 3,193.00 | 3,105.20 | 3,123.90 | 3,145.00 | 0.68 |
| DRREDDY | 1,220.20 | 1,235.60 | 1,212.50 | 1,218.10 | 1,225.90 | 0.64 |
Read more: Budget 2026: Nil-Deduction Certificate Scheme Explained: What It Means for Small Taxpayers?
Investors favored select blue-chip and pharma stocks for safe intraday gains, highlighting pockets of resilience amid a broader market slump.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 1, 2026, 1:30 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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