Capital goods stocks plummeted on Monday after the government's FY26 budget fell short of expectations for capex. Siemens led the decline, dropping 9%.
Capital goods stocks, including those from infrastructure and railways, slumped on Monday amid the modest increase in capex for FY26 that fell short of expectations ...
What does BSE Capital Goods represent? Represents the performance of capital goods sector companies listed on the Bombay Stock Exchange (BSE), including engineering, construction, and heavy machinery ...
The government’s pivot from a capex-led approach to a consumption-driven one has left market analysts divided, with some disappointment over the lack of significant capital expenditure growth.