Railway stocks fall today as investors book profits after sharp rally; caution over modest Budget growth
The recent rise in railway stocks was seen amid the revised passenger fare structure that took effect on December 26. Sentiment cooled today after a report said that budgetary support for Indian Railways’ capital expenditure in 2026-27 may see only a modest growth. Brokerages had already advised caution.
The recent rise in railway stocks was seen amid the revised passenger fare structure that took effect on December 26. Sentiment cooled today after a report said that budgetary support for Indian Railways’ capital expenditure in 2026-27 may see only a modest growth. Brokerages had already advised caution.
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