Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. What’s triggering the surge?

February 2, 2026

Indian data centre stocks rallied as the Union Budget announced a tax holiday until 2047 for foreign cloud service providers, aiming to position India as a global hub. Companies like Anant Raj, Techno Electric, and Netweb Technologies are expected to benefit from increased data centre development and infrastructure demand.

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