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Budget Express 2026

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  • Gold, Silver ETF assets triple in five months to cross Rs 3 lakh crore

    Gold, Silver ETF assets triple in five months to cross Rs 3 lakh crore

    Gold ETF folios increased from 80.34 lakh to 1.14 crore, while silver ETF folios rose from 11.31 lakh to 47.85 lakh, representing growth of 43 percent and 323 percent, respectively.

  • Gold, Silver ETF inflows overtake equities in January for first time

    Gold, Silver ETF inflows overtake equities in January for first time

    Gold and silver ETFs together attracted inflows of Rs 33,500 crore during the month, surpassing equity fund inflows of Rs 24,029 crore.

  • New demat account openings hit 16-month high in January despite market volatility  

    New demat account openings hit 16-month high in January despite market volatility  

    Data from depositories NSDL and CDSL showed that 3.62 million new demat accounts were opened during the month, the highest level since September 2024. This also marked the second consecutive month in which demat account additions exceeded 3 million.

  • Foreign inflows exceed $2 billion in Indian equities over nine sessions

    Foreign inflows exceed $2 billion in Indian equities over nine sessions

    Between January 28 and February 6, foreign institutional investors were net buyers in six sessions and marginal sellers in three. On February 9, FIIs bought shares worth Rs 2,223 crore on a provisional basis.

  • SBI becomes sixth Indian firm to cross Rs 10 lakh crore mcap

    SBI becomes sixth Indian firm to cross Rs 10 lakh crore mcap

    The milestone places the state-owned lender alongside Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services and ICICI Bank, making it the sixth Indian firm to achieve the feat.

  • Revenue grows at fastest pace in eleven quarters; profit growth remains subdued

    Revenue grows at fastest pace in eleven quarters; profit growth remains subdued

    Aggregate net sales rose 11.4 percent year-on-year in the December quarter, according to a Moneycontrol analysis of 1,538 listed companies, marking the strongest expansion since the quarter ended March 2023.

  • Indian market valuations normalise even as global equities remain expensive

    Indian market valuations normalise even as global equities remain expensive

    Globally, major benchmark indices continue to trade at a premium to their long-term averages.

  • AI worries drag 5-year CAGR returns of India’s top IT firms

    AI worries drag 5-year CAGR returns of India’s top IT firms

    As of December 2025, mutual fund investments in Infosys stood at around Rs 1.34 lakh crore, accounting for about 2.57 percent of total equity assets under management. Investments in Tata Consultancy Services stood at around Rs 64215 crore, or about 1.22 percent of equity AUM.

  • Promoters, early backers of Fractal Analytics set for windfall gains ahead of IPO

    Promoters, early backers of Fractal Analytics set for windfall gains ahead of IPO

    The IPO will open for subscription on February 9 and close on February 11. The company has reduced the size of the public issue by 42 percent and trimmed the upper end of the price band by 18 percent.

  • FIIs favour metals and capital goods amid broad-based January selloff

    FIIs favour metals and capital goods amid broad-based January selloff

    FIIs invested about Rs 8837 crore in metal stocks in the second half of January, after buying Rs 2689 crore in the first half of the month, according to data from NSDL. The capital goods sector also saw sustained inflows, with FIIs investing Rs 2435 crore in the second half of January, following purchases of Rs 326 crore in the first half.

  • AI concerns wipe out over Rs 2 lakh crore m-cap from top IT stocks

    AI concerns wipe out over Rs 2 lakh crore m-cap from top IT stocks

    AI developer Anthropic launched new tools that heightened concerns over AI-driven disruption in the data and professional services industry; TCS loses Rs 70,000-crore market value

  • Seven IPOs worth Rs 14,000 crore lined up before February end

    Seven IPOs worth Rs 14,000 crore lined up before February end

    The IPOs in the pipeline includes Fractal Analytics, Aye Finance, Indo MIM, Clean Max Enviro Energy Solutions, Gaja Alternative Asset Management, Skyways Air Services and PNGS Reva Diamond, the sources said.

  • India-US trade deal done: Indo Count, Gokaldas Exports among textile stocks still far from peaks

    India-US trade deal done: Indo Count, Gokaldas Exports among textile stocks still far from peaks

    Indo Count Industries is down nearly 47 percent from its all-time high, while Gokaldas Exports has declined about 54 percent. Welspun India is trading around 43 percent below its peak, while Himatsingka Seide remains sharply lower, down nearly 77 percent from its record high.

  • Trade deals, policy support to aid earnings recovery in 2026: BNP Paribas  

    Trade deals, policy support to aid earnings recovery in 2026: BNP Paribas  

    According to BNP Paribas, sectors such as banks, automobiles and consumer-facing businesses are likely to see a pickup in earnings growth, while IT services earnings have already seen marginal upgrades during the 3QFY26 earnings season.

  • Effective tariffs on India may fall to 12–13% after US trade deal: BofA

    Effective tariffs on India may fall to 12–13% after US trade deal: BofA

    According to BofA, India is expected to increase its procurement of US energy, technology, agriculture and coal products worth about $500 billion over the next five years. This is likely to help narrow the trade imbalance with the US, against which India has consistently run a surplus

  • MC Exclusive: Gap-Up Fuelled by Short Covering — But the Bigger Call Is ‘Buy the Dips’: Madhusudan Kela

    MC Exclusive: Gap-Up Fuelled by Short Covering — But the Bigger Call Is ‘Buy the Dips’: Madhusudan Kela

    Market veteran says currency stability, short covering and renewed participation could drive the next leg of gains, even as investors stay selective amid rising supply of paper.Intro

  • Sensex, Nifty surge to record highs with biggest gains in absolute terms

    Sensex, Nifty surge to record highs with biggest gains in absolute terms

    The rally marked the biggest single-day gain in absolute terms for the Indian equity benchmarks, with the Sensex opening higher by about 4200 points and the Nifty gaining nearly 1250 points

  • MC Exclusive: India Is Set to Outperform in 2026: Sandeep Tandon on Markets After the Trade Deal

    MC Exclusive: India Is Set to Outperform in 2026: Sandeep Tandon on Markets After the Trade Deal

    The Quant Mutual Fund founder says sentiment has hit a cyclical bottom, export themes are back in focus and India could emerge as a global outperformer in 2026.

  • Rupee does not need emergency intervention; depreciation likely to be mild: Neelkanth Mishra

    Rupee does not need emergency intervention; depreciation likely to be mild: Neelkanth Mishra

    The Indian rupee has been the worst-hit currency in Asia, having weakened 4.75 percent in 2025 and declining by around 2 percent so far in 2026.

  • Bond yields may harden; banks face MTM risks after higher govt borrowing: Neelkanth Mishra on Budget 2026

    Bond yields may harden; banks face MTM risks after higher govt borrowing: Neelkanth Mishra on Budget 2026

    The Centre has pegged net market borrowing at Rs 11.7 lakh crore for FY27, around Rs 50,000 crore higher than FY26, reflecting a calibrated increase to support higher capital spending

  • Pharma, textile and EMS stocks lead gains after Budget announcements

    Pharma, textile and EMS stocks lead gains after Budget announcements

    The Budget was largely in line with market expectations, barring the hike in securities transaction tax on futures and options, which triggered a broader market sell-off. Outside the derivatives-related surprise, the government maintained its fiscal consolidation roadmap while continuing to support economic growth through higher capital expenditure and targeted policy support for emerging industries.

  • PSU banks, capital market stocks swing sharply after Budget measures

    PSU banks, capital market stocks swing sharply after Budget measures

    Even as the government reaffirmed its fiscal consolidation path, the market reaction reflected concerns around bond supply pressure and higher trading costs.

  • Derivative volumes slide after regulatory curbs; STT hike in Budget adds fresh pressure

    Derivative volumes slide after regulatory curbs; STT hike in Budget adds fresh pressure

    Over the past year, the derivative segment has seen multiple interventions aimed at curbing speculative trading and reducing excessive retail participation. These included fewer weekly expiries, higher lot sizes, stricter margin requirements and the removal of certain spread benefits, significantly impacting turnover-intensive trading strategies.

  • Budget 2026: Capital market stocks tumble after FM raises STT on derivatives

    Budget 2026: Capital market stocks tumble after FM raises STT on derivatives

    STT on futures has been proposed to be raised to 0.05 percent from the existing 0.02 percent. Meanwhile, STT on options premium and exercise of options has been increased to 0.15 percent from the current 0.1 percent and 0.125 percent, respectively

  • Budget 2026: Share buybacks lose appeal after tax regime changes

    Budget 2026: Share buybacks lose appeal after tax regime changes

    According to Prime Database, only one company has announced a buyback so far in 2026, amounting to Rs 34 crore. This compares with buybacks worth Rs 19,716 crore announced by 14 companies in 2025 and Rs 13,539 crore by 48 companies in 2024.

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