Budget 2026: Sensex Crashes 1,547 Points on STT Hike as India Pivots to ₹12.2 Lakh Crore Infrastructure & High-Tech Manufacturing
The Union Budget 2026 has triggered a seismic shift in Indian capital markets, balancing a steep hike in derivatives taxation with historic investments in semiconductors, biopharma, and infrastructure. While the Sensex saw a 1,547-point correction, the government's long-term blueprint focuses on a ₹12.2 lakh crore capex and a 22-year tax holiday for data centers.