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Budget Express 2026

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Debaroti Adhikary

Senior Sub Editor

Moneycontrol

STT on F&O hiked: Check the extent of annual impact arbitrage funds may face; here's what Raamdeo Agrawal says

BUSINESS

STT on F&O hiked: Check the extent of annual impact arbitrage funds may face; here's what Raamdeo Agrawal says

While presenting Budget 2026, Finance Minister Nirmala Sitharaman raised STT on futures by 150% to 0.05%.

Will Budget 2026 deter foreign investors even more? Here's what analysts say

BUSINESS

Will Budget 2026 deter foreign investors even more? Here's what analysts say

'Long-term allocators still view India favourably within emerging markets, but near-term foreign flows are expected to remain volatile until global interest rate conditions ease,' an analyst said.

Power Grid shares jump 8% after firm raises FY26 capex guidance to Rs 32,000 crore

BUSINESS

Power Grid shares jump 8% after firm raises FY26 capex guidance to Rs 32,000 crore

Power Grid share price: The state-owned company’s capex as on January 31, 2026 stood at Rs 29,200 crore, already beyond its previous guidance of Rs 28,000 crore.

L&T shares rise 3% as FM announces record capex in 'structurally positive' Budget

BUSINESS

L&T shares rise 3% as FM announces record capex in 'structurally positive' Budget

L&T share price: L&T shares gained around 4 percent in the past five days, but fell more than 6 percent in the past one month.

OMC stocks rise up to 5% as oil prices decline on cooling US-Iran tensions; Oil India, ONGC fall

BUSINESS

OMC stocks rise up to 5% as oil prices decline on cooling US-Iran tensions; Oil India, ONGC fall

Oil prices hit multi-months highs earlier when US President Donald Trump threatened military intervention on Iran if it did not agree to a nuclear deal or continued killing protesters.

E2E Networks, Anant Raj, other data centre stocks jump up to 10%, extend gains after Union Budget

BUSINESS

E2E Networks, Anant Raj, other data centre stocks jump up to 10%, extend gains after Union Budget

The proposal to provide tax holidays until 2047 for foreign companies providing cloud services globally using data centre infrastructure in India demonstrates long-term strategic thinking, said HDFC Securities.

Budget-led volatility continues: Sensex falls 400 pts from day's high, Nifty below 24,850; three reasons behind market decline

BUSINESS

Budget-led volatility continues: Sensex falls 400 pts from day's high, Nifty below 24,850; three reasons behind market decline

Markets are currently extending losses after crashing sharply yesterday after Finance Minister Nirmala Sitharaman presented Union Budget 2026.

Gold, silver ETFs recover partially as precious metals rise up to 9% from day's lows: Here's what analysts say

BUSINESS

Gold, silver ETFs recover partially as precious metals rise up to 9% from day's lows: Here's what analysts say

Gold futures with March expiry on MCX, which fell to Rs 1.37 lakh per 10 grams earlier during the day, recovered more than 9% to trade near the Rs 1.5-lakh mark.

BSE, Angel One, other capital market stocks jump up to 4% after Budget-led crash; Jefferies says STT hike largely manageable

BUSINESS

BSE, Angel One, other capital market stocks jump up to 4% after Budget-led crash; Jefferies says STT hike largely manageable

While presenting Budget 2026, Finance Minister Nirmala Sitharaman raised STT on futures to 0.05 percent from 0.02 percent.

Gold, silver ETFs crash up to 20% as precious metals futures plunge up to 18%: What should investors do?

BUSINESS

Gold, silver ETFs crash up to 20% as precious metals futures plunge up to 18%: What should investors do?

Silver futures with March expiry have plunged around Rs 1.9 lakh per kilogram after hitting a fresh lifetime high on Thursday. Gold futures meanwhile fell Rs 56,000 per 10 grams during the same time.

VIX rising 11% even after Budget indicates traders are bracing for volatility, say market analysts

BUSINESS

VIX rising 11% even after Budget indicates traders are bracing for volatility, say market analysts

'For investors, a high Vix means that they need to focus on quality and stick to their stop-loss strategy,' an analyst said.

What's good and bad in Budget 2026 for stock markets? Here's what analysts say

BUSINESS

What's good and bad in Budget 2026 for stock markets? Here's what analysts say

Sensex fell nearly 1,547 points (around 1.9%) to end the session at 80,722.94. Nifty 50 meanwhile plunged over 495 points (nearly 2%) to close at 24,825.45.

CG Power, other semiconductor stocks jump up to 6% after FM Sitharaman unveils India Semiconductor Mission 2.0

BUSINESS

CG Power, other semiconductor stocks jump up to 6% after FM Sitharaman unveils India Semiconductor Mission 2.0

While presenting Union Budget 2026, Finance Minister Nirmala Sitharaman said that the new version of the scheme aims to produce equipment and materials, design fullstack Indian IP, and fortify supply chains.

BDL, GRSE, other defence stocks fall up to 14% as Budget 2026 misses expectations on capex outlay; index falls 9%

BUSINESS

BDL, GRSE, other defence stocks fall up to 14% as Budget 2026 misses expectations on capex outlay; index falls 9%

The Nifty Defence index crashed nearly 9 percent to 7,458.65, amid a sharp selloff in the overall market in the afternoon trading hours of Sunday.

Capital gains tax change in Budget 2026: FM says buyback for all shareholders to be taxed as capital gains

BUSINESS

Capital gains tax change in Budget 2026: FM says buyback for all shareholders to be taxed as capital gains

This recalcitration of buyback as capital gains is a welcome change and would pacify the concerns of taxpayers around buy-back route taxation, an expert said.

Thomas Cook, Easy Trip shares rise up to 11% as FM Sitharaman reduces TCS rate on overseas tour packages to 2%

BUSINESS

Thomas Cook, Easy Trip shares rise up to 11% as FM Sitharaman reduces TCS rate on overseas tour packages to 2%

While presenting the Union Budget 2026, Sitharaman said the Budget aims to reduce TCS rate on these packages from the current 5 percent and 20 percent to 2 percent without any stipulation of amount.

Union Budget: Max Healthcare, other hospital stocks rise up to 4% as FM proposes to build 5 medical tourism hubs

BUSINESS

Union Budget: Max Healthcare, other hospital stocks rise up to 4% as FM proposes to build 5 medical tourism hubs

'In partnership with the private sector, these hubs will serve as integrates healthcare complexes that combine medical, educational and research facilities,' FM Nirmala Sitharaman said.

GMDC, Orissa Minerals shares jump up to 7% as Budget 2026 proposes dedicated rare earth corridors in 4 states

BUSINESS

GMDC, Orissa Minerals shares jump up to 7% as Budget 2026 proposes dedicated rare earth corridors in 4 states

'We now propose to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establish rare earth corridors to promote mining, research and manufacturing,' said Finance Minister Nirmala Sitharaman.

Gold ETFs recover up to 15% from lows as precious metal’s futures reclaim Rs 1.5 lakh/10 grams, silver rises 7% intraday

BUSINESS

Gold ETFs recover up to 15% from lows as precious metal’s futures reclaim Rs 1.5 lakh/10 grams, silver rises 7% intraday

Silver futures with March expiry reclaimed Rs 2.8-lakh mark, after hitting a low of Rs 2,65,652 per kilogram in the early trading hours of Sunday.

Metal index plunges 5% as gold, silver prices crash again; Hind Copper, NALCO, Hind Zinc shares fall up to 19%

BUSINESS

Metal index plunges 5% as gold, silver prices crash again; Hind Copper, NALCO, Hind Zinc shares fall up to 19%

The Nifty Metal index tumbled more than 5% to hit a low of 11,218.80 in the early trading hours of Sunday, extending sharp decline for the second consecutive session.

Gold, silver ETFs crash up to 16% as precious metal crash extends to third day: What lies ahead

BUSINESS

Gold, silver ETFs crash up to 16% as precious metal crash extends to third day: What lies ahead

Gold futures have dropped nearly Rs 50,000 per 10 grams (26%) in just three sessions after hitting a fresh lifetime high of Rs 1,93,096 per 10 grams.

ITC, Godfrey Phillips shares fall up to 3% after Budget 2026: Here's why

BUSINESS

ITC, Godfrey Phillips shares fall up to 3% after Budget 2026: Here's why

Budget 2026 hiked NCCD rate on chewing tobacco, jarda scented tobacco and others to 60% from 25% from May 2026.

Bank Nifty well placed for healthier recovery; 60,000 remains key resistance, say analysts: Check trading levels for Budget Day

BUSINESS

Bank Nifty well placed for healthier recovery; 60,000 remains key resistance, say analysts: Check trading levels for Budget Day

The index closed 0.58% (more than 347 points) lower at 59,610.45 on Friday, led by losses in private lenders like Canara Bank, ICICI Bank, Kotak Mahindra Bank and others.

Gold, silver prices crash: Analysts say further near-term correction possible, but long-term bullish trend holds

BUSINESS

Gold, silver prices crash: Analysts say further near-term correction possible, but long-term bullish trend holds

Experts advised investors to diversify, avoid panic selling, and eye rebounds from central bank demand.

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