Indian Market Benchmarks Reverse Gains as Government Sets Record Budget Capital Expenditure of 12.2 Trillion Rupees
India announced a record 12.2 trillion rupee capital expenditure in its budget. Market benchmarks reversed earlier gains during a special Sunday session.
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The Government of India 
INannounced a record 12.2 trillion rupee capital expenditure in the federal budget today, triggering a swift reassessment by investors during a special Sunday trading session. While the budget outlined significant spending plans for the coming year, Indian equity benchmarks reversed their earlier gains as details emerged. The government said it would spend a record 12.2 trillion rupees on infrastructure in the coming year, representing a major policy focus on domestic development.
INannounced a record 12.2 trillion rupee capital expenditure in the federal budget today, triggering a swift reassessment by investors during a special Sunday trading session. While the budget outlined significant spending plans for the coming year, Indian equity benchmarks reversed their earlier gains as details emerged. The government said it would spend a record 12.2 trillion rupees on infrastructure in the coming year, representing a major policy focus on domestic development.
