Markets rally ahead of Economic Survey and Budget 2025, Sensex and Nifty climb

Indian banal markets opened higher connected January 31, buoyed by optimism surrounding the Economic Survey 2025 and the Union Budget. The Sensex and Nifty 50 extended their gains, led by IT, auto, and operation stocks, portion financials and metals remained nether pressure.

Markets summation amid fund expectations

At 9:17 AM, the Sensex climbed 151 points, oregon 0.2 per cent, to 76,911, portion the Nifty roseate 55 points, oregon 0.2 per cent, to 23,304. Broader markets mirrored the trend, with the BSE Midcap and Smallcap indices gaining 0.2 per cent each. Analysts suggest that capitalist sentiment remains cautiously optimistic, with marketplace participants tracking fiscal argumentation cues from the Economic Survey.

Budget-driven volatility and sectoral outlook

Dr. V K Vijayakumar, Chief Investment Strategist astatine Geojit Financial Services, emphasized the value of budgetary expectations. "The Budget - expectations and actuals - volition power the marketplace contiguous and tomorrow. Since we are going into the Budget without a pre-Budget rally, the probability of a rally post-Budget volition beryllium precocious if the Budget delivers connected growth-stimulating initiatives similar cuts successful idiosyncratic income tax. But it is important to recognize that the interaction of the Budget volition past lone for a fewer days, astatine best. The mean to semipermanent inclination of the marketplace volition beryllium dictated by GDP and net growth. Therefore, investors should look for cues connected these important macro trends."

Economic Survey to acceptable the tone

The Economic Survey 2025, to beryllium presented aboriginal today, is expected to outline India’s macroeconomic trajectory up of the Budget. Investors volition look for insights into maturation projections, fiscal consolidation, and argumentation recommendations to gauge aboriginal marketplace movements. Analysts judge a beardown absorption connected superior expenditure and fiscal subject could further thrust marketplace optimism.

Nifty outlook: Key levels to watch

Anand James, Chief Market Strategist astatine Geojit Financial Services, shared his method perspective: "Though an enthusiastic upside evolved aboriginal successful the day, it failed abbreviated of achieving the afloat nonsubjective of 23,485 lined up for yesterday. We volition spell successful contiguous aiming to play for the aforesaid objective, arsenic the 23,128 portion had stepped successful to restrain the dips and let bulls to regroup. Downside marker whitethorn beryllium pushed higher to the 23,260-23,200 region."

FII enactment and marketplace resilience

Despite Foreign Institutional Investors (FIIs) offloading Rs 86,100 crore worthy of Indian equities successful January, the marketplace has shown resilience. Analysts property the caller uptrend to abbreviated covering and accrued home capitalist participation. Quality large-cap fiscal stocks stay a preferred prime for semipermanent investors amid volatility.

Global cues and marketplace impact

Global markets person been mixed, with Wall Street closing higher connected firm net optimism, portion Asian markets exhibited a mixed trend. Japan’s Nikkei 225 was up 0.2 per cent, but South Korea’s Kospi slid 1 per cent.

What lies ahead?

With the Economic Survey mounting the stage, each eyes are present connected Budget 2025. If the authorities unveils pro-growth measures, the marketplace could witnesser further upside. However, concerns implicit superior gains taxation revisions and fiscal constraints whitethorn headdress gains successful the adjacent term. Investors should stay watchful of macroeconomic indicators and sectoral show to navigate marketplace volatility effectively.