How has stock market performed on Budget day in the past?

On July 23, stock market was highly volatile, with Sensex ending 73 points lower at 80,429 after Union Budget 2024-25. On February 1, 2024, Sensex fell 0.15% to close at 71,645.30 after Interim Budget. On February 1, 2023, Sensex rose over 1,100 points intraday but closed only 158 points higher. Best Budget day return was observed at 4.1% in 2021.