Budget 2026 stock market expectations: How Sensex, Nifty have performed on Budget days in the past - The Times of India

Budget 2026 To Focus On Defence, Capex, Infrastructure, Fiscal Discipline

As Finance Minister Nirmala Sitharaman gears up to table the Union Budget 2026-27 in Parliament on February 1, economists say the emphasis this year will be on defence, infrastructure, capex, power.

Budget 2026 stock market expectations: How Sensex, Nifty have performed on Budget days in the past - The Times of India

​Budgets set the direction for government spending, taxation, and growth priorities, but actual execution takes time. Sectors like infrastructure, railways, defence, and capital goods tend to react positively to higher capex announcements, while banks and consumption stocks respond to tax relief or income-support measures.