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Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, reflects a confident and growth-oriented vision for India. Built around three Kartavyas, it focuses on productivity, inclusive development, and fulfilling citizen aspirations under Sabka Saath, Sabka Vikas. The Budget strengthens Ease of Living through tax reliefs like lower TCS on overseas expenses and simpler compliance, while boosting Ease of Doing Business with trust-based reforms. Strategic investments in manufacturing, MSMEs, clean energy, agriculture, and high-speed rail highlight long-term thinking. With higher capital expenditure and a disciplined fiscal deficit target, the Budget strikes a positive balance between ambition and stability, reinforcing India’s position as a resilient, fast-growing economy.
India and the United States are set to enter a new phase of partnership as a historic trade agreement reaches its final stages. The deal is expected to significantly boost Indian exports, create jobs, and improve economic predictability with U.S. tariffs on Indian goods reduced to 18%. Beyond trade, the agreement strengthens cooperation in critical minerals, energy, defence, and strategic sectors, reflecting growing mutual trust and strong momentum in bilateral relations.
Jioblackrock AMC has launched NFO for Jioblackrock Sector Rotation Growth Direct Plan , Wealth AMC has launched NFO for The Wealth Company Balanced Advantage Growth Direct Plan , Motilal Oswal AMC has launched NFO for Motilal Oswal Financial Services Growth Direct Plan , Edelweiss AMC has launched NFO for Edelweiss Financial Services Growth Direct Plan and SBI AMC has launched NFO for SBI Quality Growth Direct Plan, HDFC AMC has launched NFO for HDFC Nifty India Consumption Index Growth Direct Plan, Mirae Asset AMC has launched NFO for Mirae Asset BSE India Defence ETF FoF Growth Direct Plan, Kotak AMC has launched NFO for Kotak Services Growth Direct Plan, UTI AMC has launched NFO for UTI Nifty500 Shariah Index Growth Direct Plan and DSP AMC has launched NFO for DSP Multi Asset Omni FoF Growth Direct Plan.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.5% | 8.9% | 12.8% | 22.3 | 3.5 |
| NIFTY NEXT 50 | 1.8% | 8.7% | 21.4% | 21.9 | 3.5 |
| S&P BSE SENSEX | 1.6% | 7.1% | 8.90% | 23.2 | 4.5 |
| S&P BSE SMALLCAP | -1.9% | -3.2% | 21.80% | 29.3 | 3.7 |
| S&P BSE MIDCAP | -1.3% | 6.4% | 21.70% | 34.6 | 5.3 |
| NASDAQ 100 | -1.9% | -0.1% | 12.70% | 27.5 | 4.0 |
| S&P 500 | 16.7% | 15.0% | 10.40% | 29.8 | 5.5 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Groww BSE Power ETF | 7.5% | NA | NA |
| Quant Commodities Growth Direct Plan | 6.7% | 4.60% | NA |
| Tata Nifty Realty Index Growth Direct Plan | 5.3% | -10.2% | NA |
| HDFC Nifty Realty Index Growth Direct Plan | 5.3% | -10.0% | NA |
| Nippon India Nifty Realty Index Growth Direct Plan | 5.3% | -10.2% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant ELSS Tax Saver | 3.6% | 11.2% | 18.9% |
| HSBC ELSS Tax Saver | 2.4% | 8.4% | 20.7% |
| ICICI Prudential ELSS Tax Saver | 2.0% | 9.7% | 17.4% |
| LIC MF ELSS Tax Saver | 1.5% | 3.7% | 16.9% |
| Nippon India ELSS Tax Saver | 1.6% | 11.2% | 18.6% |
| Stocks (Market cap < Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Hitachi Energy India | 19.4% | 83.4% | 76.4% |
| FSN E-Commerce Ventures | 16.4% | 58.9% | NA |
| Balkrishna Industries | 14.4% | -4.3% | 8.5% |
| CG Power and Industrial Solutions | 14.3% | 7.2% | 73.8% |
| Adani Power | 14.1% | 51.1% | 71.0% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Nippon India Silver ETF FoF Growth Direct Plan | -29.2% | 151.4% | 50.1% |
| Bandhan Silver ETF FoF Growth Direct Plan | -26.2% | NA | NA |
| Tata Silver ETF FoF Growth Direct Plan | -24.7% | 137.1% | NA |
| Zerodha Silver ETF FoF Growth Direct Plan | -24.6% | NA | NA |
| HDFC Silver ETF FoF Growth Direct Plan | -24.5% | 154.1% | 50.7% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Hindustan Zinc | -14.9% | 30.3% | 15.7% |
| Vedanta | -12.4% | 51.0% | 30.9% |
| Hindustan Aeronautics | -11.6% | 6.6% | 51.7% |
| Info Edge (India) | -10.9% | -28.8% | 3.3% |
| Muthoot Finance | -9.5% | 63.5% | 26.1% |
What Investors Bought
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | -0.4% | 6.7% | 20.4% |
| UTI Nifty 50 Index | 1.5% | 9.9% | 14.2% |
| HDFC Flexicap | 1.10% | 13.50% | 22.80% |
| HDFC Mid Cap | 1.14% | 13.70% | 27.00% |
| Bandhan Small Cap | 2.4% | 6.1% | 31.4% |
What Investors Sold
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Tata Arbitrage | 0.1% | 7.2% | 7.8% |
| Motilal Oswal Gold & Silver Passive FoF | -22.2% | 98.2% | 40.8% |
| Edelweiss Gold & Silver ETF FoF | -22.10% | 118.60% | 44.90% |
| HDFC Silver ETF FoF | -33.00% | 154.10% | 50.70% |
| Nippon India Silver ETF FoF | -33.20% | 151.40% | 50.10% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty 50 Index Growth Direct Plan | 1.5% | 0.1% | 14.2% |
| Axis Small Cap Growth Direct Plan | 1.0% | 0.0% | 18.2% |
| 1.8% | 9.3% | 21.8% | |
| Parag Parikh Flexi Cap Growth Direct Plan | -0.4% | 6.7% | 20.4% |
| HDFC Flexicap Growth Direct Plan | 1.1% | 13.5% | 22.8% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Hindustan Copper | -19.1% | 137.0% | 54.9% |
| Nippon India ETF Gold BeES | -12.2% | 74.7% | NA |
| Tata Silver ETF | -28.8% | 142.0% | NA |
| Nippon India Silver ETF | -31.1% | 141.3% | NA |
| ICICI Prudential Nifty Metal ETF | -1.3% | 42.0% | NA |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Advanced Micro Devices, Inc. | -15.4% | 89.3% | 18.8% |
| Alphabet Inc. - Class A Shares | -6.1% | 68.5% | 25.3% |
| 0.3% | 66.0% | 22.3% | |
| NVIDIA Corporation | -0.1% | 44.7% | 68.7% |
| Amazon.com Inc. | -13.4% | -12.6% | 4.5% |
Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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