Union Budget Shock: Nifty Crashes 500 Points as Bears Take Control | Market Insights February 2, 2026

In today’s episode of Indian Market in Minutes from the Motilal Oswal Research Desk, host Shivangi Sarda Malpani breaks down the sharp market reaction following the Union Budget. Markets witnessed heavy selling pressure as Nifty, after a flat start, plunged sharply post Budget announcements and slipped to 24,570 levels, closing with losses of nearly 500 points. Both FIIs and DIIs were net sellers, reflecting broad-based risk-off sentiment. Follow this podcast for daily market updates and solid trading advice.