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Semiconductor Stocks: Electronics manufacturing services stocks rallied after the government raised the Electronics Component Manufacturing Scheme outlay to Rs 40,000 crore in Budget 2026. Dixon Technologies, Kaynes Technology, PG Electroplast and peers gained as investors priced in higher domestic demand, stronger incentives and long term semiconductor manufacturing growth.
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GMDC and NMDC shares rose after the Budget 2026 announced a dedicated rare earths corridor aimed at building a complete critical minerals supply chain. With states like Tamil Nadu, Odisha and Kerala set to become key hubs, the move boosts long-term prospects for Indias rare earth and mining companies.
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BSE has imposed a 20% circuit limit on Gold and Silver ETFs after an unprecedented crash in bullion prices, anchoring trades to T-1 NAV to curb wild volatility. The move follows sharp declines in MCX gold and silver futures, which triggered steep ETF losses amid a stronger dollar and global uncertainty.
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