The Indian government increases the Union Housing and Urban Affairs Ministry’s budget allocation by 18% to Rs 96,777 crore for FY 2025-26. Key initiatives include an Urban Challenge Fund of Rs 1 lakh crore, enhanced loans under the PM SVANidhi scheme, and substantial provisions for Pradhan Mantri Awas Yojana and Urban Rejuvenation Mission.
Stocks to buy: Quadrant Future, Varun Beverages and Coforge on investors’ radar
Benchmark BSE Sensex jumped 740 points while Nifty ended its 10-day losing streak, driven by value buying in utilities and power shares. Stocks in focus