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Railway stocks rebound as Budget 2026 hopes revive buying interest
Railway stocks rallied up to 8% as investors repositioned ahead of Budget 2026, betting on capex support after a bruising year for rail-sector equities.
Railway linked stocks extended their rebound on Tuesday as investors selectively returned to the battered sector ahead of the Union Budget 2026. Shares of IRCTC, Jupiter Wagons, RailTel and Rail Vikas Nigam climbed as much as 8%, supported by renewed expectations of higher railway capex and stock specific triggers. Jupiter Wagons led gains, rising nearly 8% on fresh positioning, while RailTel and RVNL also posted solid advances.