Budget 2026: Why You Must Recheck Your Portfolio Before Monday’s Opening Bell?

Union Budget 2026 has introduced pivotal policy shifts, triggering high volatility across the Indian stock market. With a massive push toward infrastructure, rural development, and green energy, several high-growth sectors have emerged as top contenders for investors. From blue-chip giants to mid-cap innovators, this Budget has created a new roadmap for wealth creation. We break down the top stocks in focus and how these fiscal changes will impact your portfolio today.

Budget 2026: The Stocks That Will Define Your Portfolio Today

Union Budget 2026 has officially shifted the gears of the Indian economy. With Finance Minister Nirmala Sitharaman announcing a massive ₹12.22 lakh crore Capex target and a surprise STT hike on F&O, the market is witnessing high-octane volatility. While some sectors are facing a "bloodbath," others are emerging as multi-bagger opportunities. Here is your essential "Stocks to Watch" list for this special Sunday session.

1. Infrastructure & Railways: The Capex Kings

The government's continued focus on the 'National Infrastructure Pipeline' makes these stocks the bedrock of today's market movement:

• Larsen & Toubro (L&T): The undisputed leader in domestic infrastructure.
• RVNL & IRCON: Look for volatility here as new high-speed rail corridors are announced.
• Bharat Electronics (BEL): A top pick as the defence outlay sees a 15% jump.

2. The "Sin Tax" Impact: Cigarettes & Tobacco

As predicted, tobacco products are getting costlier. The new excise duty structure has put immediate pressure on:

• ITC Ltd: Watch for the 11:30 AM volume spike as the market digests the ₹55/pack price hike.
• Godfrey Phillips: Sensitivity to premium segment tax changes will be key today.

3. Green Energy & EV: The Future-Ready Bets

Budget 2026 has introduced a dedicated SME Growth Fund and new subsidies for battery storage, putting these stocks in focus:

• Tata Power: Beneficiary of the new solar rooftop mandates.
• Reliance Industries (RIL): Movement expected due to Green Hydrogen incentives.
• Tata Motors: Key player to watch for FAME-III subsidy clarity.

Budget 2026 FAQ for Investors

Is the market open today?
Yes! For the second time in history, the NSE and BSE are holding a special session on Sunday, Feb 1, from 9:15 AM to 3:30 PM.

What happened to the STT?
The government has hiked the Securities Transaction Tax (STT) on Futures by 150% and Options by 50% to curb speculation.

Which sector is the biggest winner?
Infrastructure and Digital Services (Data Centres) have received the most favorable tax holidays and outlays in Budget 2026.