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 added policy uncertainty and pressured sentiment.Read More

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, prioritizing company growth and economic stability over short-term trading costs.Read More

Indian stocks slumped in Sunday’s special Budget session after the sharp STT hike on futures and options triggered heavy selling. MCX, Hindustan Copper, Hindustan Zinc, Angel One, BSE and other major names ranked among the top Nifty 500 losersRead More

Indian markets plunged post Union Budget 2026 as Sensex fell sharply on higher trading taxes and weak FPI cues. Despite near term shock, analysts see capex push, defence spending and structural reforms supporting medium to long term growth prospects ahead.Read More

Paytm shares jumped sharply after Budget 2026 announced a significantly higher incentive allocation for UPI and RuPay, boosting sentiment around digital payments. Strong volumes accompanied the rally as investors cheered policy support, while improved profitability and steady revenue growth further strengthened confidence in the fintech company’s outlook.Read More

Gokaldas Exports posted ₹15 crore Q3 FY26 profit, up 81% sequentially, hinting recovery despite global headwinds. Yearly profit fell on US tariffs, while productivity gains, cost controls, stable revenue, and improving margins supported quarter-on-quarter performance across India and Africa outlook.Read More

Economist Swaminathan Aiyar finds the Union Budget unremarkable. He notes a lack of bold reforms and simplification, with many small changes increasing complexity. Fiscal consolidation is marginal. The budget prioritizes stability amid strong growth. Major reforms like fertiliser subsidy abolition were avoided. Sector-specific measures are politically understandable but economically modest.Read More

Union Budget 2026 raised securities transaction tax on futures and options, increasing trading costs across India’s derivatives market. The move triggered a sharp sell off in brokerage and exchange stocks and renewed concerns over liquidity, volumes and foreign investor participation in one of the world’s largest F&O markets.Read More

India’s biopharmaceutical sector receives a significant boost with the Union Budget’s ₹10,000 crore Biopharma SHAKTI programme. This initiative aims to enhance domestic manufacturing and innovation capabilities. Industry leaders believe it will help India build globally competitive biologics and biosimilar strengths. The programme focuses on innovation, global scale, and regulatory improvements.Read More

Real Estate Investment Trusts (REITs) like Brookfield India Real Estate Trust, Nexus Select Trust, Embassy Office Parks REIT gained up to 3% after Finance Minister Nirmala Sitharaman announced the creation of dedicated Real Estate Investment Trusts (REITs) for Central Public Sector Enterprises (CPSEs).Read More