Data Centre Stocks Rally: E2E Networks, Anant Raj Jump Up to 10% Post-Budget

• Data centre and AI company shares surged for the second consecutive session after the Union Budget 2026 announcement.
• E2E Networks saw a 10% increase, while Anant Raj's shares rose over 7%.
• Finance Minister Nirmala Sitharaman announced a tax holiday until 2047 for foreign companies providing cloud services using existing data centre infrastructure in India, provided they serve Indian customers through Indian resellers.
• Analysts believe the tax holiday will significantly improve project returns and boost cash flow, strengthening India's role in global cloud infrastructure.
• The budget aims to attract global cloud and data centre investment, positioning India as a digital infrastructure hub.

Why It Matters: Union Budget's tax holiday for foreign cloud companies fuels a significant rally in Indian data centre stocks.