Indian Equities Position for Union Budget with Focus on Fiscal Discipline and Infrastructure Spending
Published on: Jan. 26, 2026, 6:28 p.m. | Source: scanx.trade
Indian equity markets approach the Union Budget expecting fiscal consolidation with FY27 deficit projected at 4.3% of GDP and gross borrowing at ₹16 lakh crore. The policy focus on infrastructure spending is expected to benefit capital goods, construction, metals, and infrastructure sectors. Industry seeks tax reforms for ease of doing business, startup-friendly policies, and targeted support for export-oriented sectors amid limited scope for broad consumption stimulus.
