Analysts said traders are bracing for sharp swings around the budget announcement for FY25, the government’s final one before the national elections this year. “We have seen a negative market trend on average in the past budgets since 2012, and today’s decline too was just due to profit booking,” said Apurva Sheth, head of research at Samco Securities.
MF Favourite Smallcaps: 14 stocks that soared up to 220% in CY26
Several Nifty Smallcap stocks have delivered stellar returns in CY26, with 28 stocks gaining over 50% so far and five turning multibaggers. A screen of
September 8, 2026