<p>Union Finance Minister <a href="https://www.deccanherald.com/tags/nirmala-sitharaman">Nirmala Sitharaman</a> unveiled the <a href="https://www.deccanherald.com/union-budget-2025?utm_source=UB2025-L1menu&utm_medium=UB2025-L1menu&utm_campaign=UB2025-L1menu">annual budget</a> on Saturday, which focused on boosting the spending power of its middle-class population, encouraging inclusive development and private investment to strengthen growth.</p><p>The broader stocks market, however, saw mixed reactions to the policies presented under the budget for 2025-26.</p><p>Below are some of the key stock movements during the session:</p>.<p>The fast-moving consumer goods index climbed 3 per cent and logged its best day in eight months.</p><p>The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees.</p><p>Executives from automobile and consumer firms said this move will put more disposable income in the hands of the people and boost consumption in the country.</p><p>Hindustan Unilever, Nestle and Dabur gained 1.5 per cent-2 per cent.</p><p>Shares of cigarette companies ITC and Godfrey Phillips India jumped 3.4 per cent and 10.3 per cent, respectively, as there were no tax hikes on tobacco products in the budget.</p>.<p>Two-wheeler companies Bajaj Auto, Hero MotoCorp and Eicher Motors jumped between 1.4 per cent and 4 per cent, powering auto index 2 per cent higher, with analysts attributing the jump to budgetary measures to put more disposable income in the hands of the consumer through lower taxes.</p><p>Major auto firms like Maruti Suzuki and Hyundai Motor India also added 5 per cent and 4.4 per cent, respectively.</p>.<p>The real estate index gained 3.4 per cent and posted its best day since June 6, 2024, with Phoenix Mills emerging as top gainer with 7.5 per cent rise.</p>.<p>Footwear makers Bata India and Liberty Shoes jumped 6.2 per cent and 7.3 per cent, respectively, on policy plans to support the leather industry.</p><p>Fisheries-linked stocks also advanced after the finance minister said the government will focus on sustainable harnessing of fisheries, especially in the Andaman and Nicobar Islands and Lakshwadeep.</p><p>Apex Frozen and Zeal Aqua jumped about 5 per cent each among the major stocks.</p>.<p>Infrastructure-related stocks slumped, with the index down 1.1 per cent, following 'modest' hike in capital spending announced in the budget.</p><p>Shares of L&T led losses in the index, down 3.4 per cent and marking their sharpest one-day fall since Oct 25, 2024</p><p>UltraTech, the country's largest cement maker by capacity, settled 2 per cent lower, having fallen as much as 6 per cent earlier.</p><p>Ircon International shed 9.3 per cent to emerge as the worst hit stock in the Nifty 500 index.</p>.<p>HDFC Life, SBI Life and ICICI Prudential Life fell between 1-3 per cent as an increase in tax slabs tends to reduce incentive for a tax-saving insurance products.</p><p><em>($1 = 86.5360 Indian rupees)</em></p>.<p><em><a href="https://www.deccanherald.com/business/union-budget/union-budget-2025-industry-expectations-and-reactions-income-tax-corporate-tax-banking-insurance-real-estate-manufacturing-agriculture-services-construction-environment-startups-business-news-3382834">Track Budget reactions LIVE</a></em></p><p><em><a href="https://www.deccanherald.com/union-budget-2025">Union Budget 2025</a> | Nirmala Sitharaman, as Finance Minister, presented her record 8th <a href="https://www.deccanherald.com/tags/union-budget-2025">Union Budget</a> this time. While inflation has burnt a hole in the pockets of 'aam janata', the Modi govt gave <a href="https://www.deccanherald.com/business/union-budget/union-3-3383957">income tax relief</a> for those making up to Rs 12 lakh per year in salaried income. Track the latest coverage, live news, in-depth opinions, and analysis only on <a href="https://www.deccanherald.com/">Deccan Herald</a>. Also follow us on <a href="https://www.whatsapp.com/channel/0029Va4ifN6AYlULZASc7V3S">WhatsApp</a>, <a href="https://in.linkedin.com/company/deccanherald">LinkedIn</a>, <a href="https://x.com/DeccanHerald?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">X</a>, <a href="https://www.facebook.com/deccanherald">Facebook</a>, <a href="https://www.youtube.com/user/deccanads">YouTube</a>, and <a href="https://www.instagram.com/deccanherald/?hl=en">Instagram</a>.</em></p>
<p>Union Finance Minister <a href="https://www.deccanherald.com/tags/nirmala-sitharaman">Nirmala Sitharaman</a> unveiled the <a href="https://www.deccanherald.com/union-budget-2025?utm_source=UB2025-L1menu&utm_medium=UB2025-L1menu&utm_campaign=UB2025-L1menu">annual budget</a> on Saturday, which focused on boosting the spending power of its middle-class population, encouraging inclusive development and private investment to strengthen growth.</p><p>The broader stocks market, however, saw mixed reactions to the policies presented under the budget for 2025-26.</p><p>Below are some of the key stock movements during the session:</p>.<p>The fast-moving consumer goods index climbed 3 per cent and logged its best day in eight months.</p><p>The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees.</p><p>Executives from automobile and consumer firms said this move will put more disposable income in the hands of the people and boost consumption in the country.</p><p>Hindustan Unilever, Nestle and Dabur gained 1.5 per cent-2 per cent.</p><p>Shares of cigarette companies ITC and Godfrey Phillips India jumped 3.4 per cent and 10.3 per cent, respectively, as there were no tax hikes on tobacco products in the budget.</p>.<p>Two-wheeler companies Bajaj Auto, Hero MotoCorp and Eicher Motors jumped between 1.4 per cent and 4 per cent, powering auto index 2 per cent higher, with analysts attributing the jump to budgetary measures to put more disposable income in the hands of the consumer through lower taxes.</p><p>Major auto firms like Maruti Suzuki and Hyundai Motor India also added 5 per cent and 4.4 per cent, respectively.</p>.<p>The real estate index gained 3.4 per cent and posted its best day since June 6, 2024, with Phoenix Mills emerging as top gainer with 7.5 per cent rise.</p>.<p>Footwear makers Bata India and Liberty Shoes jumped 6.2 per cent and 7.3 per cent, respectively, on policy plans to support the leather industry.</p><p>Fisheries-linked stocks also advanced after the finance minister said the government will focus on sustainable harnessing of fisheries, especially in the Andaman and Nicobar Islands and Lakshwadeep.</p><p>Apex Frozen and Zeal Aqua jumped about 5 per cent each among the major stocks.</p>.<p>Infrastructure-related stocks slumped, with the index down 1.1 per cent, following 'modest' hike in capital spending announced in the budget.</p><p>Shares of L&T led losses in the index, down 3.4 per cent and marking their sharpest one-day fall since Oct 25, 2024</p><p>UltraTech, the country's largest cement maker by capacity, settled 2 per cent lower, having fallen as much as 6 per cent earlier.</p><p>Ircon International shed 9.3 per cent to emerge as the worst hit stock in the Nifty 500 index.</p>.<p>HDFC Life, SBI Life and ICICI Prudential Life fell between 1-3 per cent as an increase in tax slabs tends to reduce incentive for a tax-saving insurance products.</p><p><em>($1 = 86.5360 Indian rupees)</em></p>.<p><em><a href="https://www.deccanherald.com/business/union-budget/union-budget-2025-industry-expectations-and-reactions-income-tax-corporate-tax-banking-insurance-real-estate-manufacturing-agriculture-services-construction-environment-startups-business-news-3382834">Track Budget reactions LIVE</a></em></p><p><em><a href="https://www.deccanherald.com/union-budget-2025">Union Budget 2025</a> | Nirmala Sitharaman, as Finance Minister, presented her record 8th <a href="https://www.deccanherald.com/tags/union-budget-2025">Union Budget</a> this time. While inflation has burnt a hole in the pockets of 'aam janata', the Modi govt gave <a href="https://www.deccanherald.com/business/union-budget/union-3-3383957">income tax relief</a> for those making up to Rs 12 lakh per year in salaried income. Track the latest coverage, live news, in-depth opinions, and analysis only on <a href="https://www.deccanherald.com/">Deccan Herald</a>. Also follow us on <a href="https://www.whatsapp.com/channel/0029Va4ifN6AYlULZASc7V3S">WhatsApp</a>, <a href="https://in.linkedin.com/company/deccanherald">LinkedIn</a>, <a href="https://x.com/DeccanHerald?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">X</a>, <a href="https://www.facebook.com/deccanherald">Facebook</a>, <a href="https://www.youtube.com/user/deccanads">YouTube</a>, and <a href="https://www.instagram.com/deccanherald/?hl=en">Instagram</a>.</em></p>