Low Budget hopes could actually help markets
Low Budget 2026 expectations may work in the market’s favour by limiting downside risks, said Sunil Singhania, founder of Abakkus Asset Manager, which manages nearly $2.5 billion.
“This is the first time I’m seeing that no one is talking about the budget,” he said, adding that market participants are not looking for major tax announcements, but are instead watching for signs of fiscal discipline and steady government spending.
Low Budget hopes could actually help markets: Sunil Singhania - CNBC TV18
Abakkus Asset Manager founder Sunil Singhania said recent market declines and a surge in stocks hitting 52-week lows are creating selective buying opportunities. He advised investors to focus on earnings visibility and valuations rather than market size, and said his firm has increased investments in recent days. Singhania said financials and pharma remain preferred sectors, while expectations from the upcoming Union Budget are low, reducing the risk of market disappointment.
Alpha Desk