Market Overview
The Indian economic climate shows a mix of trends. Real estate in cities like Bengaluru, Hyderabad, and Chennai saw a 15% increase in housing sales in 2025.
Luxury housing is experiencing a surge, reaching a four-year high. Simultaneously, the stock market reflects volatility; for instance, the Sensex saw a 320-point increase after a period of fluctuation, while the Nifty neared 25,350. Banking sector results vary, with Yes Bank's net profit increasing by 55.4% year-on-year to reach Rs 952 crore. On the other hand, ICICI Bank's net profit dropped by 4% YoY to Rs 11,317.86 crore, and Asian Paints experienced a nearly 7% fall after Q3 results. The economic survey 2026 is expected to be tabled on Thursday. Silver prices climbed to new heights, and gold prices also soared, reaching fresh highs in India.
Budget 2026 Focus
The upcoming Union Budget 2026 is a hot topic, with experts expecting significant changes. Anticipated reforms could include potential tax deductions for home loans and health insurance under a new tax regime. The possibility of joint taxation for married couples is also under consideration. Furthermore, industry leaders are urging the government to double infrastructure spending to Rs 3 lakh crore. Tax experts are seeking higher deductions and relief for those in the 30% tax bracket, alongside improvements in capital gains. There's also speculation about whether the old tax regime will be phased out. Other expectations include clarity in taxation and faster dispute resolution to enhance ease of doing business. The budget's impact on gold prices and the potential for cheaper and easier gold purchases is also being closely watched.
Investment Strategies
Several investment opportunities are currently attracting attention. Silver ETFs experienced gains of up to 10%, while gold ETFs rose by over 3% amid rising bullion prices. Market analysts are recommending stocks for long-term investments, particularly related to the India–EU Free Trade Deal. Sukanya Samriddhi Yojana continues to be a trustworthy option for parents, offering benefits after 11 years. The performance of investments like National Savings Certificates (NSC), Fixed Deposits (FD), or Mutual Funds is under scrutiny, seeking the best returns over a 5-year period. Gold's recent high prices have put investors of Sovereign Gold Bonds (SGBs) in a dilemma, deciding whether to sell or hold their investments after a significant 200% gain. Additionally, RBI has launched an Integrated Ombudsman Scheme 2026, aimed at improving grievance redressal, going live from July 1.
Sector Spotlights
Specific sectors are showing distinct performances. The real estate market in tier 2 cities is emerging as a new hub for luxury properties. The Grand Venice Project in Greater Noida was declared unfit for occupancy. The Bharat Coking Coal IPO saw strong interest, being oversubscribed, with expectations of significant gains. The Avana Electrosystems IPO also drew attention, and Shadowfax Technologies is preparing for its IPO, with the grey market premium (GMP) fluctuating. Banks have been in the news as well, with potential closures due to holidays and strikes. Moreover, the Coca-Cola is planning a $1 billion IPO of its Indian bottling arm, HCCB, in 2026. The telecom, auto, and defence sectors are also expected to see reforms. The Q3 results of several companies like PNB, TVS Motor, and HDFC Bank showed varying degrees of success.
