STT kike will be a headwind for capital-market-linked stocks. With derivatives volumes already shrinking in recent months, the hike, analysts say, may further their pressure near-term earnings.
The government proposes to increase the securities transaction tax, raising STT on futures from 0.02% to 0.05% and on options premium from 0.1% to 0.15%.
Textile-related stocks rally: Finance Minister Nirmala Sitharaman in Budget 2026 proposed to set-up mega textile parks to focus on value addition in technical textiles.
Budget 2026 impact: Container Corporation rose over 4 per cent after the FM proposed ₹10,000 crore outlay for container manufacturing in the Union Budget.
BSE share price logged the most losses among peers. The stock declined as much as 5.68 per cent
Unimech Aerospace and Manufacturing, Mtar Technologies and Data Patterns rallied in the range of 5 per cent to 6 per cent on the NSE in intra-day trade.
The stock price of SBI hit a new high of ₹1,083.95 on the BSE in Sunday's intra-day trade and has rallied 10% thus far in the calendar year 2026.
Metal stocks slide: Share price of Hindustan Zinc, NALCO, Vedanta and Hindalco Industries were down 8% to 14% on the NSE in intra-day trade on Sunday, Budget day.
One- and three-month performance strong on three occasions when markets fell 3% or more ahead of the Budget
The scrip jumped 10.76 per cent to the day's high of ₹802 on the National Stock Exchange
The stock jumped 13.3 per cent to ₹442 apiece on the National Stock Exchange (NSE)
The management said Strides continues to deliver a strong performance in Q3FY26 with growth primarily driven by the Other Regulated Markets and Growth Markets.
The scrip fell 3.82 per cent to a new low of ₹134.33 on the National Stock Exchange (NSE)
Aurobindo Pharma stock up on Friday: The government has imposed a Minimum Import Price fixed at ₹2,216/kg for Penicillin G and is expected to provide a significant benefit to the company.
Manapuuram Finance's consolidated asset under management (AUM) grew 18.1 per cent to ₹522 billon in Q3FY26 against ₹442 billion in the year-ago quarter
The stock price of Maruti Suzuki was quoting lower for the 8th straight trading day on Friday, falling 12 per cent during the period.
ICICI Securities has reduced Allied Blenders share price target to ₹520 from ₹540 earlier. The new target price implies upside potential of 14.13 per cent from current levels
The scrip declined as much as 10.33 per cent to ₹322.10, the lowest level since April 26, 2023 on the National Stock Exchange (NSE)
Vi's management, during its analyst meet, unveiled a capex plan for the next 3 years, aimed at sustained subscriber additions, double-digit revenue growth and tripling of cash EBITDA by FY29.
A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.