Brace for Interim Budget day volatility: What to expect on February 1

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In the past 20 Budget sessions, the market has ended with gains only on eight occasions

Investors will have to brace for a spike in volatility during the Budget day trade on Friday. The benchmark Sensex has swung an average 3.4 percent in past 20 Budget-day sessions, an analysis of trading data shows.

While on a closing basis, the market often tends to end flat but investors rarely get to escape the volatility as traders react to a host of announcements made by the Finance Minister. For instance, during the previous Union Budget, the Sensex ended just 0.2 percent lower but swung 2.1 percent, or 755 points, during the day.

Chart Similarly, in 2016, the Sensex ended 0.7 percent lower after gyrating 849 points, or 3.8 percent. In the past 20 Budget sessions, the market has ended with gains only on eight occasions. On an average, the Sensex has ended a percent lower during the last 20 

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