Budget 2025 impact on stock market: Which sectors stand to benefit or lose?

The Union Budget 2025 brings a strong consumption push through personal income tax relief while keeping capital expenditure moderate. The Finance Minister’s Budget announcements have led to positive momentum in stocks across multiple sectors, including FMCG, automobiles, consumer durables, insurance, green energy, among others. Meanwhile, railway, defence, and infrastructure stocks faced a downturn due to a lack of a major capex boost. Here’s a look at the sector-wise impact of the Budget. Sector Trends