Railway Stocks Dip After Rally; Budget Growth Caution Sparks Profit Booking

• Railway-linked shares fell today as investors booked profits after a sharp rally fueled by policy optimism.
• Caution over a report suggesting modest 4% growth in Indian Railways' capital expenditure for FY26-27 contributed to the decline.
• Major stocks like RVNL, IRFC, IRCTC, RailTel, and Jupiter Wagons saw declines after recent strong gains.
• The prior rally was driven by pre-Budget positioning, revised passenger fares, and technical factors.
• Experts advised profit booking, though the seasonal pre-Budget rally pattern for railway stocks remains consistent.

Why It Matters: Railway stocks saw profit booking today due to modest Budget growth concerns after a strong pre-Budget rally.