BUSINESS
Power and renewables budget allocations in line, but little impact expected on stocks
Currently, JM Financial notes that adequate policy measures are in place to support both conventional and renewable energy sectors. 'Overall, the Budget initiatives are largely aimed at building capabilities in emerging areas such as nuclear energy, battery cell manufacturing and carbon capture technologies,' the report said.
BUSINESS
Semiconductor stocks gain traction as budget boosts incentives, ISM 2.0 lifts sector outlook
The Centre has raised incentives for semiconductor components to Rs 40,000 crore from Rs 22,000 crore, a move expected to widen participation and accelerate domestic capacity creation across the value chain.
BUSINESS
Defence shares unlikely to rerate following Union Budget, correction poses stock-picking opportunity
Capex outlay for military modernisation has been raised to Rs 2.19 lakh crore, marking a 17.6% YoY increase, and lifting capital spending to its highest share of total defence expenditure in over a decade.
BUSINESS
Five themes that stand to gain from the Union Budget 2026
The Union Budget 2026 maintains policy continuity but boosts defence, railways, semiconductors, biosimilars, and rare earth sectors.
BUSINESS
Budget in line with expectations; STT hike came as a jolt for capital markets: Invesco’s Taher Badshah
'The outlook remains incrementally positive for the year as a whole because we are looking at a somewhat improving earnings cycle,' he said, adding that the Budget itself doesn’t dramatically enhance or challenge that.
BUSINESS
New chapter of value creation, says NSE chairman on key SEBI nod for IPO
The regulatory nod marks a major breakthrough for India’s largest stock exchange, whose IPO plans had been on hold for nearly a decade
BUSINESS
We prefer large caps as small and mid cap valuations remain stretched: Kotak AMC's Harsha Upadhyaya
"Mid-caps offer earnings growth that is around two to three percentage points higher than large caps, which can justify slightly higher volatility for medium- to long-term investors. Small caps, however, are significantly ahead of their long-term valuation averages and remain vulnerable to volatility," says Upadhyaya.
BUSINESS
India–EU FTA: Not just autos, textiles; but defence, capital goods could also be big winners
Negotiations for the India–EU FTA concluded on January 27, with implementation expected in 2026, subject to legal vetting and approvals. The agreement provides for wide-ranging tariff reductions, harmonised standards and lower non-tariff barriers.
BUSINESS
India-EU deal is opening up a new market for us, says BEL’s Manoj Jain
“It is too early to tell that right now, but definitely it is opening up a new market for us,” BEL's CMD Manoj Jain said during the defence major’s Q3FY26 earnings call.
BUSINESS
We believe markets still need a proper 10-15% correction: UTI AMC’s Ajay Tyagi
In conversation with Moneycontrol, Tyagi spoke about why he believes the budget continues to be a “non-event” for the market and why he believes that consumption could finally see the much awaited turnaround.
BUSINESS
SBI Mutual Fund launches quality-focused equity fund, bets on durability amid market volatility
The fund will be actively managed and will draw from SBI Mutual Fund’s internal research universe of around 450 stocks, covered by a team of about 25 equity analysts.
MARKETS
MFDs vs Investment Advisors: SEBI to resolve the turf dispute, forms a working group
According to experts, the persistence of regulatory silos has led to distinctions being drawn on nomenclature rather than investor outcomes.
INDIA
Budget 2026 Unlikely to Spark PSU Stock Rally as Divestment Push Loses Steam
Analysts warn that the government is unlikely to step up disinvestments, and routine stake sales rarely spark market re-rating
BUSINESS
Bharat Electronics Q3FY26 Preview: Execution and strong order book likely to drive growth
Analysts will closely track execution momentum and milestone-based deliveries, updates on conversion of large approvals into firm orders, particularly QRSAM, and management commentary on growth visibility.
BUSINESS
L&T Q3FY26 preview: Execution to drive earnings; order inflows seen muted
While near-term order inflows may remain uneven, brokerages remain constructive on L&T’s earnings outlook, citing strong execution visibility, diversified segment exposure, and continued support from public sector capex.
BUSINESS
Union Budget 2026: Markets eye tax relief, subsidies and incentives for affordable housing segment
Analysts say measures like higher home loan deductions or PMAY subsidies could directly lift loan growth and asset quality for these companies, making them key beneficiaries if the Budget delivers on affordable housing support.
BUSINESS
Union Budget 2026: Market expects continuity in core infrastructure-led capex to support capital goods sector
Sector looks for steady project flow across transport, defence, power and industrial manufacturing
BUSINESS
Union Budget 2026: Cement could be an indirect beneficiary of housing, infra push
Cement consumption remains closely linked to real estate and industrial construction, positioning the sector as a proxy for broader economic activity.
BUSINESS
90% of small-cap funds beat the index — but none made money
Even as the BSE SmallCap index slumped 21% since December 2024, most fund managers outperformed the benchmark, proving the power of active stock-picking — yet investors are still in the red.
BUSINESS
India-EU trade deal could boost market sentiments; check sectors likely to benefit
Momentum around the talks has picked up after European Commission President said EU was working to deepen its strategic and economic partnership with India
BUSINESS
UltraTech Cement Q3FY26 Preview: Volumes to drive growth amid pricing pressure
UltraTech’s cement volumes are expected to grow around 15–21 percent year-on-year in Q3FY26, led by consolidation of acquired assets and ramp-up of new capacities, according to brokerages.
BUSINESS
Fund managers flag short-term pain but remain confident on Indian equities despite market rout
Indian equity markets sold off sharply on Tuesday, with the Sensex plunging over 1,000 points, Nifty falling below 25,250, erasing nearly Rs 10 lakh crore in market cap amid broad-based selling.
BUSINESS
Union Budget 2026: Market expects sustained capex push, limited surprises for roads and railways
According to Axis Securities, capital outlay for the infrastructure sector is expected to witness a modest-to-high increase in the Union Budget 2026–27, reflecting the government’s continued emphasis on infrastructure as a growth engine.
BUSINESS
Retail equity portfolios continue to trail benchmarks as weak returns test investor patience: Kotak’s Sanjeev Prasad
“Index returns have been so-so, portfolio returns not even so-so,” Prasad said in Kotak Institutional Equities’ latest report which analysed both direct equity holdings and investments through mutual funds and portfolio management schemes.
