Budget 2026: Anant Raj, other stocks jump up to 10% as FM announces tax holiday to turn India into data centre hub
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.
Budget 2026: 7 high speed corridor plan lifts Jupiter Wagons, IRFC and other railway stocks up to 3%
Railway stocks surged up to 3% in a special Sunday trading session following the Union Budget 2026-27 announcement. Finance Minister Nirmala Sitharaman unveiled plans for seven high-speed rail corridors, boosting sentiment for wagon makers, financiers, and technology providers. This initiative is expected to drive significant investment and improve inter-city connectivity across India.
Union Budget 2026: India raises overseas individual investment limits in equities under PIS
The Budget 2026 allows non-resident Indians to invest in Indian equities via the Portfolio Investment Scheme, raising individual limits and the overall foreign holding cap. The move aims to deepen capital markets, broaden long-term inflows, and leverage global Indian participation, supported by evolving platforms such as GIFT City.
Budget 2026: GMDC shares rally 5% as FM Sitharaman announces rare earth corridor
GMDC and NMDC shares rose after the Budget 2026 announced a dedicated rare earths corridor aimed at building a complete critical minerals supply chain. With states like Tamil Nadu, Odisha and Kerala set to become key hubs, the move boosts long-term prospects for India’s rare earth and mining companies.
Budget 2026: Rs 40,000 crore electronics component outlay lifts Dixon Tech, Kaynes, PG Electroplast, and other EMS stocks up to 7%
Semiconductor Stocks: Electronics manufacturing services stocks rallied after the government raised the Electronics Component Manufacturing Scheme outlay to Rs 40,000 crore in Budget 2026. Dixon Technologies, Kaynes Technology, PG Electroplast and peers gained as investors priced in higher domestic demand, stronger incentives and long term semiconductor manufacturing growth.
Defence Stock Watch: BEL, HAL, GRSE & others in focus today ahead of Union Budget 2026
The Defence Secretary has indicated a potential 20% increase in the FY27 defence budget to maintain operational readiness and strengthen self-reliance amid ongoing global tensions.
Sun Pharma shares rally 4% as Q3 profit surges 16% YoY; co announces interim dividend
Sun Pharma shares rose sharply on Sunday after the company reported a 16% YoY rise in Q3 net profit to Rs 3,369 crore, supported by strong India business and improved margins. The firm also declared an interim dividend of Rs 11 per share, further boosting sentiment despite cautious institutional activity.
Bitcoin slides near $78,800 amid Fed leadership change and geopolitical tensions
Bitcoin slipped to nearly $78,800, down over 6% in 24 hours, as markets reacted to the Fed leadership change and rising geopolitical tensions. Risk-off sentiment deepened after Kevin Warsh was named the next Fed Chair, pressuring major altcoins and dragging global crypto market capitalisation below $2.7 trillion.
Budget should prioritise manufacturing incentives to boost jobs and income: Nilesh Shah
India’s economic growth is shifting focus from consumption to manufacturing and investment. Structural reforms have boosted consumption selectively. The next phase requires a holistic approach to manufacturing, encouraging entrepreneurship in less developed regions. Attracting domestic and foreign capital through tax reforms is crucial. Income growth driven by manufacturing and exports will sustainably revive consumption.
NALCO, Hindustan Copper, Vedanta shares slump up to 19% sink as metal rout deepens; Here’s why
Metal stocks tumbled on Budget Sunday as gold, silver and copper prices slumped, dragging Hindustan Copper down 19% and knocking the Nifty Metal index lower. The sell-off followed a sharp correction in commodities triggered by a stronger dollar and market jitters after Donald Trump named Kevin Warsh as his pick for the next US Federal […]