Budget Day Focus: Renewables, Textiles, Data Centers & More Sectors to Watch
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Moneycontrol•31-01-2026, 21:19
Budget Day Focus: Renewables, Textiles, Data Centers & More Sectors to Watch
- •Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget on Sunday, February 1, with a full stock market trading session.
- •Potential reduction in Long Term Capital Gains Tax or Securities Transaction Tax could boost capital market stocks like Motilal Oswal and Angel One.
- •Incentives for the textile and export sectors could provide relief to companies like Gokaldas Exports and Welspun Living, impacted by US tariffs.
- •Increased funding for railways, new Vande Bharat trains, and safety systems like KAVACH could benefit Titagarh Rail, RVNL, and Siemens.
- •Budget announcements on EV infrastructure, rural development, MSME credit, and data center promotion will impact various auto, banking, and tech stocks.
Why It Matters: The Union Budget will significantly influence diverse sectors from renewables to textiles and data centers.
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