Budget 2026: Equity markets, capital expenditure, and foreign flows – Insights from Sundararaman Ramamurthy

February 2, 2026

Following Union Budget 2026, market participants are analyzing its impact. Sundararaman Ramamurthy believes the STT hike will encourage longer-term equity investments and attract foreign funds by strengthening India’s manufacturing and infrastructure. The budget’s significant capital expenditure projection is seen as a step towards developed India.

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