Whalesbook
Budget 2026: Kya hai Update?
Bas 1st February ko Finance Minister Nirmala Sitharaman ne Budget pesh kiya hai, aur game plan ekdum clear hai: economy ko speed dena hai, par paisa bhi soch samajh kar kharch karna hai. Global markets mein bhi thoda tension hai, US tariffs aur trade war ka dar bana hua hai, aur investors ka confidence bhi manage karna hai. Economic Survey ne toh already bol diya hai ki AI koi race nahi, balki pura ka pura economic strategy hai, aur is par sector-wise kaam karna hoga.
Market ka Mood?
Budget se pehle, market kaafi excited hai par thoda inflated bhi lag raha hai. Nifty 50 ka P/E ratio 22-24 times chal raha hai, jo normal se zyada hai. BSE par companies ka total market cap USD 4.5 trillion ke aas paas hai. Agar borrowing costs ki baat karein toh 10-year bond yield 7.2% par hai. Pichhle saal (2025) mein FPIs ka inflow bhi upar neeche hota raha hai, jisse Indian Rupee par bhi pressure bana hua hai.
Konse Sector ko kya milega?
Sabse zyada expectation toh tech aur industrial sectors se hai. Technology companies chahti hain ki AI ecosystem ko boost mile, digital infrastructure badhe aur companies ko paisa mile taaki woh AI ko zyada use kar sakein. Logistics companies bhi policy support maang rahi hain. Semiconductor industry India Semiconductor Mission ke projects ko smooth execution chahti hai, allocation aur tax mein certainty chahiye. Telecom sector toh keh raha hai ki license fees par GST 18% se kam karke 5% kar do, warna kaam chalana mushkil hai. GlobalLogic ko lagta hai ki yeh budget digital se intelligence-first infrastructure ki taraf transition ka point hoga.
Growth ke Engine aur Paisa Kahan se?
Economists ko lagta hai ki government infrastructure par kharcha (Capex) jari rakhegi, jaise roads, railways, renewable energy, aur urban development. Job creation bhi ek priority hai, jiske liye manufacturing aur skilling par focus ho sakta hai. MSMEs ko bhi help milne ki ummeed hai. Green energy, jaise green hydrogen aur electric vehicles, ko bhi support milega. Par haan, government ko China jaise countries se bhi compete karna hai jo AI aur semiconductors mein bharpoor investment kar rahe hain. Budget ke aas paas market mein volatility rehti hai, toh dekhte hain ki ye budget investors ka confidence kaise badhata hai aur fiscal balance kaise maintain karta hai. Fuel par excise duty adjust karke bhi revenue badha sakte hain, par public par seedha load na pade aise.