Seasonality · BANK NIFTY
BANK NIFTY on Union Budget day.2006–2026, every event.
How BANK NIFTY moved on Union Budget day: average -0.39%, up 44% of the time across 25 events (2006–2026), with the path 10 days before and after.
Average on the day
-0.39%
median -0.16%Closed higher
44%
25 events5 days later
-0.39%
higher 60% of the timeTypical size of the move
±2.13%
average absolute moveThe average path, 10 days before to 10 days after
% change from the close before the event. The green line is the average, the dashed line the median, and the shaded band covers the middle half of all events.
AverageMedianMiddle 50% of events
Every budget day, year by year
Latest first. “10 days before” is the run-up into the event; “+5” and “+10 days” are measured from the close before the event.
| Date | Event | On the day | Opening gap | 10 days before | +5 days | +10 days |
|---|---|---|---|---|---|---|
| 1 Feb 2026 | Union Budget 2026-27Sunday. Presented by Nirmala Sitharaman. WEEKEND. Special live trading session held on SUNDAY, normal hours 09:15-15:30 (pre-open 09:00-09:08); declared special trading day, indices computed. | -2.00% | -0.00% | +0.05% | +0.86% | +0.97% |
| 1 Feb 2025 | Union Budget 2025-26Saturday. Presented by Nirmala Sitharaman. WEEKEND. Special live trading session held on Saturday, 09:15-15:30 with 09:00-09:08 pre-open; settlement holiday, trades settled Mon 3 Feb 2025. | -0.16% | +0.01% | +2.16% | +1.15% | -0.98% |
| 23 Jul 2024 | Union Budget 2024-25 (full, post-election)Tuesday. Presented by Nirmala Sitharaman. Regular weekday session. Note: Wikipedia list wrongly shows 22 Jul (that was the Economic Survey). | -0.96% | +0.44% | -0.72% | -1.49% | -4.84% |
| 1 Feb 2024 | Union Budget 2024-25 (interim)Thursday. Presented by Nirmala Sitharaman. Regular weekday session. | +0.42% | +0.37% | -4.42% | -2.14% | +0.48% |
| 1 Feb 2023 | Union Budget 2023-24Wednesday. Presented by Nirmala Sitharaman. Regular weekday session. | -0.35% | +1.13% | -3.59% | +2.17% | +2.65% |
| 1 Feb 2022 | Union Budget 2022-23Tuesday. Presented by Nirmala Sitharaman. Regular weekday session. | +1.40% | +1.28% | -1.03% | +0.14% | +0.51% |
| 1 Feb 2021 | Union Budget 2021-22Monday. Presented by Nirmala Sitharaman. Regular weekday session. | +8.26% | +1.34% | -6.01% | +17.73% | +22.05% |
| 1 Feb 2020 | Union Budget 2020-21Saturday. Presented by Nirmala Sitharaman. WEEKEND. Special live trading session held on Saturday (normal hours). | -3.28% | -0.35% | -2.40% | +1.19% | +0.00% |
| 5 Jul 2019 | Union Budget 2019-20 (full, post-election)Friday. Presented by Nirmala Sitharaman. Regular weekday session. | +0.01% | +0.16% | +2.24% | -2.77% | -5.41% |
| 1 Feb 2019 | Union Budget 2019-20 (interim)Friday. Presented by Piyush Goyal. Regular weekday session. | -0.77% | +0.14% | -0.85% | -0.00% | -1.84% |
| 1 Feb 2018 | Union Budget 2018-19Thursday. Presented by Arun Jaitley. Regular weekday session. | -0.58% | -0.16% | +5.41% | -5.33% | -8.09% |
| 1 Feb 2017 | Union Budget 2017-18Wednesday. Presented by Arun Jaitley. Regular weekday session. | +2.59% | +0.04% | +2.19% | +3.74% | +3.32% |
| 29 Feb 2016 | Union Budget 2016-17Monday. Presented by Arun Jaitley. Regular weekday session. | +1.12% | +0.20% | -1.29% | +9.82% | +11.13% |
| 28 Feb 2015 | Union Budget 2015-16Saturday. Presented by Arun Jaitley. WEEKEND. Special live trading session held on Saturday (normal hours). | +3.23% | +1.22% | -0.28% | +0.37% | -1.24% |
| 10 Jul 2014 | Union Budget 2014-15 (full, post-election)Thursday. Presented by Arun Jaitley. Regular weekday session. | -0.73% | +0.06% | -2.01% | +2.26% | +4.04% |
| 17 Feb 2014 | Union Budget 2014-15 (interim)Monday. Presented by P. Chidambaram. Regular weekday session. | +1.20% | +0.13% | -0.33% | +4.70% | +7.11% |
| 28 Feb 2013 | Union Budget 2013-14Thursday. Presented by P. Chidambaram. Regular weekday session. | -3.71% | +0.64% | -3.67% | +0.33% | +0.76% |
| 16 Mar 2012 | Union Budget 2012-13Friday. Presented by Pranab Mukherjee. Regular weekday session. Presented mid-March (16 Mar) that year. | -1.92% | +0.12% | +2.98% | -2.84% | -3.61% |
| 28 Feb 2011 | Union Budget 2011-12Monday. Presented by Pranab Mukherjee. Regular weekday session. | -0.00% | +0.73% | -0.11% | +4.75% | +2.78% |
| 26 Feb 2010 | Union Budget 2010-11Friday. Presented by Pranab Mukherjee. Regular weekday session. | +2.17% | -0.03% | +2.99% | +7.12% | +6.42% |
| 6 Jul 2009 | Union Budget 2009-10 (full, post-election)Monday. Presented by Pranab Mukherjee. Regular weekday session. | -8.19% | +0.00% | +4.74% | -13.68% | -0.47% |
| 16 Feb 2009 | Union Budget 2009-10 (interim)Monday. Presented by Pranab Mukherjee. Regular weekday session. | -4.70% | -0.60% | +2.45% | -15.05% | -20.35% |
| 29 Feb 2008 | Union Budget 2008-09Friday. Presented by P. Chidambaram. Regular weekday session. | +0.93% | -0.84% | -5.67% | -15.52% | -23.84% |
| 28 Feb 2007 | Union Budget 2007-08Wednesday. Presented by P. Chidambaram. Regular weekday session. | -4.11% | -3.11% | -9.40% | -8.62% | -7.79% |
| 28 Feb 2006 | Union Budget 2006-07Tuesday. Presented by P. Chidambaram. Regular weekday session. | +0.42% | +0.11% | -1.10% | +1.35% | +2.81% |
Questions
How does BANK NIFTY usually move on Union Budget day?
Across 25 events from 2006 to 2026, BANK NIFTY moved -0.39% on average on the day (median -0.16%). It closed higher 44% of the time. The average size of the move, up or down, was 2.13%.
What happened in the days after?
Five trading days later, BANK NIFTY was -0.39% on average from the pre-event close, and higher 60% of the time.
What were the biggest moves?
The best day was 1 Feb 2021 (+8.26%); the worst was 6 Jul 2009 (-8.19%).
Historical statistics from daily closing prices (adjusted for bonuses and splits). Past patterns do not guarantee future results. This is information, not investment advice.