Budget 2026: Infrastructure and Consumption Boost Could Trigger Bull Run, Says Himani Shah

• Himani Shah of Alchemy Capital Management suggests a 'pragmatic' Budget 2026 focusing on fiscal discipline and growth stimulus.
• A roadmap solidifying the ₹11 lakh crore infrastructure commitment and boosting middle-class disposable income could lead to a multi-year bull run.
• Shah expects the budget to prioritize Consumer Discretionary and Retail, Infrastructure and Industrials, and Financials sectors.
• India needs to balance high-multiplier capital expenditure with reigniting stagnant consumption amidst global uncertainties.
• Maintaining capex momentum is crucial for self-reliance and capitalizing on the 'China+1' opportunity, especially in digital grids, EMS, and renewable energy.

Why It Matters: A pragmatic Budget 2026 focusing on infrastructure and consumption could ignite a multi-year market bull run.