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ITC shareholders have seen nearly Rs 1 lakh crore wiped off the company’s market value in about a month, as the stock corrected nearly 20% after a sharp hike in cigarette tax announced in late December. The sell-off has made one of India’s most widely held defensive stocks a major Budget talking point, with investors […]
As India heads into Budget 2026 amid weak stock sentiment, market expert Sunil Subramaniam sees an opportunity for reform-driven optimism. Nifty 50’s 3% decline in January, largely due to FII outflows, has led to pre-Budget caution. Still, Subramaniam believes low expectations can turn the budget into a positive market trigger.“Three answers to that: reform, reform […]
