Budget 2026: Realty stocks plunge up to 10% on Budget miss; REITs rally up to 3%

Realty stocks fell sharply after Budget 2026 disappointed the sector with no major incentives, dragging the Nifty Realty index lower. Developers saw heavy losses amid unmet housing expectations, while REITs outperformed, supported by the governments continued focus on urban infrastructure development and asset monetisation through dedicated REIT structures.