Share Market News

Defence stocks fell on Budget Day despite An 18% rise in defence capital spending as sentiment was weighed down by expectation gaps and the wider equity sell-off.

Finance Minister Nirmala Sitharaman justified the STT hike on futures and options, calling F&O trading highly risky and speculative, saying the government cannot ignore losses faced by retail investors despite market backlash.

Budget 2026 has introduced multiple measures to improve customs processes while developing logistics infrastructure and reducing export delays to support India’s export cargo system. The announcements focus on advantages for port operators, logistics companies and container makers as export volumes increase.

The rupee is hovering near 92 per dollar, with analysts expecting further weakness after the Budget due to a strong dollar, foreign outflows and limited measures to attract fresh capital.

Budget 2026 reshapes your wallet and your assets. From cheaper travel, healthcare, and gadgets to costlier alcohol and trading, here’s how the latest tax revisions will impact consumers, businesses, and investors

PSU bank stocks slid sharply after the Union Budget 2026, with key names falling up to 9% as higher government borrowing, yield-spike fears, dividend extraction concerns, and a derivatives STT hike hit sentiment. Profit-taking and algorithmic selling amplified losses across the broader market.

Budget 2026 has made tourism into a market darling. With tax cuts, infrastructure push and medical tourism plans, travel stocks are rallying—and investors may be seeing the early stages of a long-term growth story.

Indian government bonds opened the week on shaky ground. Traders reacted swiftly to the Union Budget’s borrowing numbers, pushing the benchmark 10-year yield to levels not seen in almost a year.

Gold and silver prices fell sharply after the Union Budget FY27, triggered by aggressive futures selling, risk-off sentiment, and unchanged import duties. After recent record highs, bullion corrected steeply amid broader market weakness, with analysts expecting near-term stabilisation around key technical support levels.

Shares of India's downstream oil marketing companies rose after global crude oil prices fell by approximately 4% following a peaceful resolution to the United States-Iran conflict. The price correction has improved fuel retailers' short-term profit margins, which has led investors to review their predictions for the energy sector.

After a sharp sell off on Budget Day, Indian markets staged a rebound on 2 February 2026. The upward movement in the market has been accompanied by renewed inflow of foreign (and domestic) capital, supportive international markets and decreasing price volatility, although investors are still cautious ahead of important earnings reports and macroeconomic indicators

Budget 2026 announced that foreign companies can fund manufacturing equipment in India without exposing themselves to tax liability, a move widely viewed as a win for Apple’s local manufacturing strategy. The policy is expected to boost investment in production assets by global device makers and improve India’s appeal as a manufacturing hub.