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  • Budget 2026: Hindalco to Tata Steel:-These 10 stocks took a big hit

Budget 2026: Hindalco to Tata Steel:-These 10 stocks took a big hit

Share Market Today: The stock market is looking nervous on Budget 2026 day. The Sensex and Nifty are under pressure, and this has directly hit several big, reliable stocks. Metal stocks are feeling the most heat.  

2 Min read
Author : Richa Barua
Published : Feb 01 2026, 12:24 PM IST
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110
Hindalco Industries Share
Image Credit : Gemini

Hindalco Industries Share

Hindalco was a top loser today, closing down 4.5% at ₹919.50. Weak metal demand and pre-budget jitters heavily pressured the stock, which hit a low of ₹866.35.

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210
Titan Company Share
Image Credit : Getty

Titan Company Share

Titan's stock fell about 1.5% to close at ₹3,915.90. Volatile gold prices and budget suspense over taxes on jewelry kept investors on the sidelines.

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310
Infosys Share
Image Credit : Getty

Infosys Share

IT giant Infosys's stock was also under pressure, falling about 1.45% to close at ₹1,617.20. Investors preferred light selling with no major benefits expected for the IT sector.

410
Nestle India Share
Image Credit : Getty

Nestle India Share

Strong FMCG company Nestle India's stock couldn't escape the fall. It dropped about 1.28% to close at ₹1,315.30. Investors are cautious in the consumer sector before the budget.

510
Coal India Share
Image Credit : Getty

Coal India Share

Coal India's stock fell about 1.17%, closing at ₹435.60. Budget uncertainty for the PSU and energy sectors made investors avoid making big bets on the stock.

610
Bajaj Finserv Share
Image Credit : Gemini

Bajaj Finserv Share

Bajaj Finserv's stock closed with a slight dip at ₹1,940. While there's no major pressure on the financial sector, investors are still cautious here before the budget.

710
Tata Steel Share
Image Credit : Gemini

Tata Steel Share

The weakness in the metal sector also hit Tata Steel. The stock fell about 0.42% to close at ₹192.31. Concerns over global metal prices and demand are the main reasons for this drop.

810
Dr Reddy’s Laboratories Share
Image Credit : Asianet News

Dr Reddy’s Laboratories Share

The pharma sector is usually considered defensive, but Dr. Reddy's stock also saw a slight dip. The share fell about 0.37% to close at ₹1,213.60.

910
Cipla Share
Image Credit : Gemini

Cipla Share

Cipla's stock was also in the red, closing down about 0.30% at ₹1,320. Investors are avoiding big bets in the pharma sector before the budget as well.

1010
SBI Life Share
Image Credit : Gemini

SBI Life Share

SBI Life Insurance stock dipped 0.29% to ₹1,992.80. The sector is awaiting policy decisions in the budget. Disclaimer: Informational purposes only. Consult a financial advisor.

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About the Author

RB
Richa Barua
With over two decades of experience in top media outlets like Times of India, International Business Times, and India Today, Richa currently leads Newsable and MyNation (Entertainment and Lifestyle) non-news team at Asianet News Network. Her expertise includes celebrity interviews, audience growth, and content strategy, backed by an Executive Program in Digital Marketing from IIM Calcutta, along with a journalism degree from Delhi University, a master's in media studies and corporate communications.
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