 |
|
|
|||||
The Union Budget has drawn mixed market reactions. Amitabh Chaudhry sees stability and continuity as positives. Focus areas include pharmaceuticals, semiconductors, and infrastructure. While higher borrowings and transaction taxes are concerns, details may bring market calm. The budget aims for self-reliance and institutional scale.
Category:
News and Media
Paytm shares jumped sharply after Budget 2026 announced a significantly higher incentive allocation for UPI and RuPay, boosting sentiment around digital payments. Strong volumes accompanied the rally as investors cheered policy support, while improved profitability and steady revenue growth further strengthened confidence in the fintech companys outlook.
Category:
News and Media
Economist Swaminathan Aiyar finds the Union Budget unremarkable. He notes a lack of bold reforms and simplification, with many small changes increasing complexity. Fiscal consolidation is marginal. The budget prioritizes stability amid strong growth. Major reforms like fertiliser subsidy abolition were avoided. Sector-specific measures are politically understandable but economically modest.
Category:
News and Media
Realty stocks fell sharply after Budget 2026 disappointed the sector with no major incentives, dragging the Nifty Realty index lower. Developers saw heavy losses amid unmet housing expectations, while REITs outperformed, supported by the governments continued focus on urban infrastructure development and asset monetisation through dedicated REIT structures.
Category:
News and Media
Indian data centre stocks experienced significant gains following a proposed tax holiday until 2047 for foreign cloud companies. This initiative aims to establish India as a global digital hub. Companies like Techno Electric, Netweb Technologies, Orient Technologies, and Anant Raj saw their shares climb. Cummins India also benefited. Adani Enterprises' stock saw a slight dip.
Category:
News and Media