Infra Stocks Soar Up to 5% on Budget 2026 Capex Boost by FM Sitharaman

• Infrastructure firm shares, including L&T and CG Power, surged up to 5.3% following Finance Minister Nirmala Sitharaman's Budget 2026 announcements.
• FM Sitharaman projected FY27 capital expenditure at Rs 12.2 lakh crore, a 9% increase from FY26 estimates, signaling a significant push for the infrastructure sector.
• The government plans to rejuvenate legacy industrial sectors and establish an infrastructure risk guarantee fund to support lenders.
• Dedicated REITs will be set up to accelerate the recycling of CPSEs' real estate assets, alongside an allocation of Rs 5,000 crore per City Economic Region.
• Budget 2026 also includes plans for a mega textiles park and Rare Earth Corridors to boost manufacturing, create jobs, and foster economic growth.

Why It Matters: Budget 2026's increased capex and infrastructure focus led to a significant rally in infra stocks.