Budget 2025-26 boosts consumption with major tax reforms, increasing disposable income while maintaining strong capital expenditure. Fiscal deficit reduction to 4.4% in FY26 may enable an RBI rate cut. Rural and agriculture sectors receive key support, benefiting Retail, Auto, FMCG, and BFSI. Market outlook remains positive, favoring discretionary spending and credit growth.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG