India’s benchmark stock market indices Sensex and Nifty settled flat in otherwise volatile session on Saturday, February 01, 2025. The 30 companies index closed 77,505 points. While, the 50 constituent index closed marginally negatively at 23,482 levels. Consumer Durable stocks keep Sensex buoyant Among the Sensex pack, stocks like Zomato, ITC Hotels, Maruti, ITC, MM, Titan, Asian Paints, Bajaj twins, IndusInd Bank, Axis Bank, HUL, Axis Bank, Nestle, etc were the gainers. Nifty Oil Gas, IT​​​​​ settled in red Among the National Stock Exchange’s (NSE) thematic indices, Nifty Oil Gas, Nifty PSU Bank and Nifty IT registered the highest losses. Earlier, stock indices opened with gains and traded in the positive territory during the Budget 2025 presentation. However, soon after the Finance Minister Nirmala Sitharaman completed her Budget speech in Parliament, the 30-share BSE benchmark Sensex declined 494.1 points to 77,006.47 in the late afternoon trade. While, the NSE Nifty went lower by 162.35 points to 23,346.05. Later, Sensex pared losses to trade sideways at 77,509.90 while Nifty was at 23,495.30. Both benchmarks had rallied for the past four trading days. Nifty, Sensex performance during last 6 Union Budgets: Sensex closed negatively 3 times in last 6 budgets Nifty closed negatively 4 times in the last 6 Budgets Crude oil price gloom continues Ever since US President Donald Trump has taken over the reins of his country, global crude oil prices have continued to decline. In last one week, benchmark Brent Crude prices had corrected by around $4 per barrel. On Saturday, its prices traded at $76.76 per barrel. FIIs selling at record high levels Overseas investors have continued to be bearish on domestic equities. According to the NSE data, on January 31, Foreign Institutional Investors (FIIs) sold shares worth ₹ 1,188.99 crore. While, Domestic Institutional Investors (DIIs) bought shares worth ₹2,232.22 crore. As of January 31, FIIs selling had stood at ₹78,027 crore, in the current calendar year.