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The Budget 2026 allows non-resident Indians to invest in Indian equities via the Portfolio Investment Scheme, raising individual limits and the overall foreign holding cap. The move aims to deepen capital markets, broaden long-term inflows, and leverage global Indian participation, supported by evolving platforms such as GIFT City.
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Railway stocks surged up to 3% in a special Sunday trading session following the Union Budget 2026-27 announcement. Finance Minister Nirmala Sitharaman unveiled plans for seven high-speed rail corridors, boosting sentiment for wagon makers, financiers, and technology providers. This initiative is expected to drive significant investment and improve inter-city connectivity across India.
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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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