by ET Markets | February 1, 2026 9:04 pm | Indian Stocks, Market, News
Gold prices rebounded nearly 7% on MCX after a brutal selloff ahead of Budget 2026. Profit booking, margin pressures and lack of jewellery-sector relief weighed on bullion, while silver stayed flat after historic volatility following record crashes in both...
by ET Markets | February 1, 2026 8:04 pm | Indian Stocks, Market, News
Ace investor Shankar Sharma applauds Budget 2026’s STT hike on derivatives, calling F&O trading a “poison.” Experts say it may curb speculation, shift focus to long-term investing, but could unsettle markets and impact hedging.
by ET Markets | February 1, 2026 7:05 pm | Indian Stocks, Market, News
Morgan Stanley maintains a bullish stance on Indian equities post-Budget, citing cyclical growth support, structural reforms, capex push, and long-term policy focus on semiconductors, AI, and data centres to sustain earnings and premium valuations.
by ET Markets | February 1, 2026 7:05 pm | Indian Stocks, Market, News
Budget 2026 proposes capital gains tax exemption for Sovereign Gold Bonds only if purchased directly from RBI and held until maturity. Secondary market SGBs will lose tax benefits, aiming to reward patient investors over speculators, though bond prices fell...
by ET Markets | February 1, 2026 7:04 pm | Indian Stocks, Market, News
Market veteran Sunil Singhania noted that while the Union Budget initially disappointed, increased allocations to railways, defense, and infrastructure offer long-term growth potential. However, recurring tax changes, particularly to STT and capital gains, create...
by ET Markets | February 1, 2026 6:06 pm | Indian Stocks, Market, News
Sensex fell 1,547 points during Budget 2026 special session, yet select stocks defied weakness. Oil India, Bharat Electronics, Axis Bank and SBI hit fresh 52-week highs, signalling strong momentum and bullish breakouts.
by ET Markets | February 1, 2026 6:06 pm | Indian Stocks, Market, News
Finance Minister Nirmala Sitharaman defended the sharp hike in securities transaction tax on futures and options, citing risks from excessive speculation in derivatives. The Budget 2026 move triggered a sell-off in brokerage and exchange stocks, with the government...
by ET Markets | February 1, 2026 6:05 pm | Indian Stocks, Market, News
Raamdeo Agrawal praised Budget 2026 as transformative for India’s digital future, citing data centre tax holidays and capex push. Despite STT-led volatility, he said strong fiscal discipline, infrastructure spending and IT clarity sustain India’s long-term earnings...
by ET Markets | February 1, 2026 6:04 pm | Indian Stocks, Market, News
LIC CEO & MD R Doraiswamy described the Union Budget as a visionary roadmap for India’s ambition to become a top three global economy. He highlighted the focus on strategic industries, MSMEs, and rural income growth, expecting market sentiment to improve as...
by ET Markets | February 1, 2026 6:04 pm | Indian Stocks, Market, News
Several Nifty 500 companies delivered exceptional Q3FY26 profit growth, with net profits rising over 150% year-on-year. Energy, real estate, finance, metals, and capital goods firms dominated the list, reflecting a low base effect, cyclical recovery, and improved...
by ET Markets | February 1, 2026 5:15 pm | Indian Stocks, Market, News
Union Budget FY27 eases tax norms for IT and software exporters by expanding safe harbour limits, simplifying transfer pricing, improving buyback taxation, and offering long tax holidays to foreign cloud firms using Indian data centres, enhancing competitiveness and...
by ET Markets | February 1, 2026 5:14 pm | Indian Stocks, Market, News
At the end of the day, the BSE Sensex fell 1546.84 points or 1.88% to close at 80,722.94, whereas the Nifty 50 was down 495.20 points or 1.96% to end at 24,825.45.
by ET Markets | February 1, 2026 5:14 pm | Indian Stocks, Market, News
Finance Minister Nirmala Sitharaman’s steep STT hike on futures and options has triggered sharp market backlash, with brokerages and exchanges tumbling up to 9%. Experts warn the move could drain liquidity, deter foreign investors and hurt India’s market...
by ET Markets | February 1, 2026 5:12 pm | Indian Stocks, Market, News
by ET Markets | February 1, 2026 5:11 pm | Indian Stocks, Market, News
Budget 2026–27 reassured bond markets with fiscal discipline and reform continuity. However, higher-than-expected gross borrowing may pressure yields near term as investors await RBI liquidity cues, even as structural measures deepen bond markets and support long-term...
by ET Markets | February 1, 2026 5:11 pm | Indian Stocks, Market, News
PSU bank stocks tumbled in the special Sunday session after the Budget’s record borrowing plan sparked fears of rising bond yields and mark-to-market losses. SBI, Bank of Baroda, Canara Bank, Indian Bank and Bank of India led the decline, dragging the Nifty PSU Bank...
by ET Markets | February 1, 2026 5:10 pm | Indian Stocks, Market, News
Union Budget 2026 reinforced India’s infrastructure led growth strategy with higher capital expenditure, de risking mechanisms and improved connectivity. Industry leaders expect these measures to boost execution, liquidity and long term demand across real estate...
by ET Markets | February 1, 2026 5:09 pm | Indian Stocks, Market, News
ITC shares fell nearly 3% during the Budget-day session as investors reacted to the December cigarette tax overhaul kicking in from February 1 and a statutory increase in NCCD rates for tobacco products. While the effective duty remains unchanged for now, the move has...
by ET Markets | February 1, 2026 5:07 pm | Indian Stocks, Market, News
The government’s increased Securities Transaction Tax on derivatives aims to curb speculation and encourage long-term investing. While high-frequency traders may need to adjust strategies, foreign portfolio investors are expected to remain unaffected,...
by ET Markets | February 1, 2026 5:06 pm | Indian Stocks, Market, News
Indian equities fell sharply after Union Budget 2026, with the Sensex dropping nearly 1,600 points. However, infrastructure focused announcements on capex, high speed rail, rare earths, data centres and medical tourism brought 27 stocks into focus as potential...
