Budget 2026: The Indian stock market witnessed a sudden, sharp fall of up to 3% in intraday trade on Sunday, February 1, after Finance Minister Nirmala Sitharaman proposed a steep increase in Securities Transaction Tax on derivatives. STT on futures was raised to 0.05% from 0.02%, while STT on options transactions was increased to 0.15%…
Budget 2026: Defense stocks including Bharat Electronics, Mazagon Dock Shipbuilders, Hindustan Aeronautics, Bharat Dynamics, Apollo Micro, Data Patterns (India), and others declined on February 1 after Finance Minister Nirmala Sitharaman did not make any defence-specific policy announcement in her Budget 2026 speech. However, the government allocated ₹7.85 lakh crore to the defense sector in the…
Budget 2026: Finance Minister Nirmala Sitharaman announced a series of measures in her Budget speech aimed at accelerating and sustaining economic growth in line with the vision of the government ‘Sabka Sath Sabka Vikas’. Emphasizing the continued thrust on capital expenditure, she proposed increasing government capex to ₹12.2 lakh crore for FY27 from ₹11.2 lakh…
Multi Commodity Exchange of India (MCX) share price came under intense pressure during the special Budget session on Sunday, February 1, tumbling as much as 15% in intra-day trade. The sharp fall followed a heavy selloff in MCX silver contracts and lower circuit hits in MCX gold, marking the steepest single-day slide for the exchange’s…
Budget 2026: Defense stocks such as Bharat Electronics Ltd (BEL), Mazagon Dock Shipbuilding Ltd, Hindustan Aeronautics Ltd (HAL), Bharat Dynamics Ltd (BDL), Astra Microwave Products Ltd, Data Patterns (India) Ltd and Paras Defense and Space Technologies Ltd are expected to remain firmly on investors’ radar in the Union Budget 2026 today. Market participants are building…
