Fiscal prudence a positive, markets spooked by STT and borrowings: Amitabh Chaudhry

February 1, 2026

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.

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