Textile stocks rally after Budget 2026 policy support

Textile stocks rallied sharply after Budget 2026 announcements boosted investor sentiment toward the sector. Measures supporting exports, production linked incentives, and MSME financing lifted shares of spinning, weaving, and apparel companies. Analysts said expectations of higher demand, margin improvement, and policy clarity drove buying interest. However, experts cautioned gains may moderate, urging stock specific selection amid input cost volatility and global demand uncertainties ahead persist