Sectorally, the Realty and FMCG indices dominated in the session and ended 3.38 per cent and 3.01 per cent higher. Meanwhile, the PSU Bank index stood among the laggards and tanked 1.59 per cent.

Apurva Sheth of SAMCO Securities said the modest increase in capex outlay from Rs 11.11 lakh crore in the last fiscal to Rs 11.2 lakh crore this time is much lower than expectations.

The Union Budget for the fiscal year 2025-25 was announced in the parliament by the Union Finance Minister Nirmala Sitharaman. The speech lasted for about 1 hour and 15 minutes. The Union Budget has elicited a lukewarm and largely negative reaction from the Indian equity markets.

Major gainers on the Sensex included Sun Pharma, UltraTech Cement, IndusInd Bank, Zomato and Adani Ports. On the other hand, the top losers were Titan, Bajaj Finserv, Kotak Bank, Nestle & Asian Paint

India's benchmark indices, Sensex and Nifty, rallied on Friday, with Sensex gaining over 450 points and Nifty surpassing 23,400. L&T surged by 4.4 per cent after announcing record new orders, contributing significantly to the rise.

Benchmark indices Sensex and Nifty remained volatile on Saturday after the Union Budget presentation as investors saw little coming in from the Finance Minister Nirmala Sitharaman for retail investors