The Union Budget 2026 is expected to have an overall moderately positive impact on the fast-moving consumer goods (FMCG) sector in the domestic economy, according to a report by State Bank of India.
The Union Budget's continued focus on capital expenditure and manufacturing is a positive, but a slower pace of fiscal consolidation and higher market borrowings are disappointing, according to investment bank Nomura.
The Union Budget for FY27 "gives some hope to the infra space after two consecutive years of disappointment," signalling a potential rebound in government spending, noted a Nuvama Research report on the recently announced Budget 2026.
The announcements made in the Union Budget 2026 for the financial sector are expected to play a crucial role in crowding in private investment and accelerating infrastructure execution, according to a report by Union Bank of India.
The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.
Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.
Congress leader DK Suresh criticised the Union Budget for 2026-2027, alleging that the fiscal plan provides no new roadmap for southern states, declaring that the budget offers "nothing" at all to the people.
Congress MP Manish Tewari on Monday questioned whether the Union Budget 2026-27 amounts to a concession to the United States without a formal agreement, pointing out that customs duty cuts appear to benefit certain sectors.
Global investment bank Morgan Stanley has reiterated a constructive view on Indian equities following the Union Budget, placing an overweight stance on Financials, Consumer Discretionary and Industrials, according to its latest report.
Union Civil Aviation Minister Ram Mohan Naidu lauded the Union Budget for 2026-2027, emphasising that the civil aviation sector has emerged as a primary beneficiary of the government's latest fiscal roadmap.
The Centre's market borrowings are set to rise sharply in FY27, a move that could put pressure on the bond markets, according to a report by the National Stock Exchange (NSE) on the Union Budget 2026-27.