Indian infrastructure stocks rise as federal budget proposes capex boost

Suzlon Energy

01/02/2026 06:06

** Shares of India's infrastructure firms gain between 0.15% and 5.3%

** Finance Minister Nirmala Sitharaman proposes push for infrastructure sector, sets record target for capital expenditure at 12.2 trillion rupees ($133.08 billion) for next fiscal

** Proposes to rejuvenate legacy industrial sectors

** India's Nifty Infrastructure index .NIFTYINFRA up nearly 1%

** Infra bellwether Larsen & Toubro LART.NS up 1.24%

** CG Power and Industrial Solutions top gainer on sub-index, up 5.13%; Suzlon Energy up 2.43%

** Government also proposes to set up infrastructure risk guarantee fund

($1 = 91.6710 Indian rupees)

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))