Indian Stocks Gain on Record 12.2 Trillion Rupee Infrastructure Plan and Targeted Sector Measures

Indian benchmarks edged higher in a special Sunday session after the government announced a 12.2 trillion rupee infrastructure plan and new sector measures.

Insights:
The government of India ININhas announced a record 12.2 trillion rupee infrastructure spending plan for the coming year as part of its latest budgetary measures. This announcement, made during a special trading session on Sunday, February 1, 2026, reiterated the administration's support for economic growth through higher capital spending and targeted measures for manufacturing, pharmaceuticals, and electronics. Market participants responded to the policy proposals with a cautious uptick in primary indices, though broader market performance remained mixed across different capitalization tiers during the session.
India's Finance Minister Nirmala Sitharaman is displayed on a screen outside the Bombay Stock Exchange (BSE) ahead of her budget speech in Mumbai, India, February 1, 2026. REUTERS/Francis Mascarenhas
India's Finance Minister Nirmala Sitharaman is displayed on a screen outside the Bombay Stock Exchange (BSE) ahead of her budget speech in Mumbai, India, February 1, 2026. REUTERS/Francis Mascarenhas
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