Indian stock markets were expected to open higher on Sunday ahead of the presentation of the 2026–27 Union Budget by Finance Minister Nirmala Sitharaman, as investors looked for cues on government support for economic growth and export-oriented sectors.
In early trading, GIFT Nifty futures were indicating a positive start, suggesting the NSE Nifty 50 could open above its previous close of 25,320.65. Markets were operating in a special trading session on budget day, while debt and foreign exchange markets remained shut.
Investors have been watching closely for measures in the Budget that could help bolster growth, particularly through continued government capital spending, support for manufacturing, and relief for sectors affected by U.S. tariffs. Analysts noted that prior policy actions — including GST cuts, interest rate reductions, and liquidity easing — had improved prospects for domestic earnings and consumption demand.
Despite gains of around 7.8% in the Nifty 50 since the last Budget, Indian equities have lagged their emerging-market peers recently due to foreign outflows and subdued corporate earnings. A supportive fiscal package was seen as a potential catalyst for stocks after a challenging start to 2026.
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