Fall just before budget is not new for Indian Indices. Have a look at this:
— R.K. (@ipo_mantra) January 24, 2022
Pre Budget Fall in NIFTY-
Year 2020: 12450 to 11600
Year 2021: 14750 to 13600
Year 2022: 18350 to 17149 (Today's Close)
And everytime Nifty made Fresh High after budget.
Will History Repeat Itself ?