Headline capex understates the Union Budgets infrastructure push. Adjusting for equity infusions, state and private spending, and extra-budgetary resources shows effective Centre infrastructure spending rose 18% year-on-year, led by defence, transport, housing, and water, alongside PLI and targeted tax incentives.
NovaaOne Capitals Sunil Sanghai explains why the governments 4.3% fiscal deficit target reassures markets despite revenue constraints. In this ETMarkets Smart Talk, he highlights the importance of capex-led growth, fiscal discipline, and lesser-noticed structural reforms that could support long-term capital formation.
Quant Small Cap Fund reshuffled its portfolio in January 2026, exiting ONGC and three other stocks while adding Gillette India. The fund increased exposure to select small cap names, reduced stakes in a few holdings, and maintained positions across 83 stocks, according to its latest monthly factsheet.
Gold and silver saw their sharpest selloff in months as macro shocks, including a stronger US dollar, CME margin hikes and profit booking, triggered a technical correction. Experts say the fall reflects a healthy reset rather than weakening fundamentals, with long-term demand for bullion remaining intact.
ETMutualFunds outlines best mutual fund SIP portfolios for February 2026, tailored for conservative, moderate and aggressive investors. The analysis presents three investment baskets based on monthly SIP amounts, along with fund allocation strategies and the in-house methodology used to shortlist consistent and resilient performers.
Indias IPO market gears up for a busy week as three issues worth Rs 3,871 crore open between February 9 and 16. Fractal Analytics and Aye Finance lead the mainboard segment, while Marushika Technology adds momentum on the SME platform.
In a surprising turn of events, Indian stock markets rebounded on Friday after starting the day in the red. Traders reacted to optimistic developments surrounding a US-India trade agreement, even as apprehensions loomed over the global tech industry. Both the Nifty and Sensex climbed slightly, though the IT sector faced downturns.
Indian equities witnessed strong momentum as the Sensex surged 3.54% over five sessions ending February 6. Amid the rally, 33 BSE 500 stocks gained consistently, with 13 delivering uninterrupted five-day advances. These stocks posted cumulative returns ranging from 10% to 21%, highlighting broad-based market strength.
Photos from the media preview at the 118th edition of the Chicago Auto Show which opens to the public on Feb. 7, 2025 and runs through Feb. 16 at McCormick Place.
