Top 10 stocks to buy post Budget 2026

Budget 2026 banal market picks: Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget connected February 1, 2026. Post the Union Budget, investors are wondering which stocks should they stake on. Motilal Oswal Financial Services shares its apical 10 banal picks that investors tin see buying. Here’s what the brokerage has to say:The Union Budget 2026 was mostly successful enactment with our humble expectations and underscored continuity successful the government’s fiscal attack implicit the past 5 years, alternatively than delivering immoderate high-impact near-term stimulus.

The argumentation thrust remains firmly tilted toward nationalist capex, with superior expenditure budgeted to emergence 11.5% YoY to Rs 12.2t successful FY27E, supporting sectors leveraged to the concern cycle.A cardinal item was the government’s intent to pull planetary concern into information centres, which could thrust incremental opportunities crossed integer infrastructure and utilities. Further, strategical sectors specified arsenic semiconductors and electronics manufacturing services, defence, chemicals, and prime concern manufacturing basal retired arsenic imaginable beneficiaries, aided by targeted incentives, production-linked schemes, and the improvement of dedicated concern parks—reinforcing a constructive medium-term concern outlook.

Apollo Hospitals: For the healthcare sector, the fund not lone provides fiscal assistance but besides highlights the government’s efforts to hole Indian companies to summation concern connected planetary healthcare platforms. The measures to marketplace ‘India’ for aesculapian tourism, supported with enhancing the assets excavation (doctors/nurses), would alteration accrued planetary diligent flow. The authorities volition enactment states successful establishing 5 determination aesculapian hubs successful concern with the backstage sector, which is expected to beryllium supportive for ample infirmary operators with beardown operational presence.

Acme Solar:The Union Budget 2026-27 reinforces the government’s committedness to promoting cleanable and emerging technologies crossed the vigor worth chain. Viability spread backing (VGF) enactment for artillery vigor retention systems (BESS) is projected to summation sharply to Rs 10b, a tenfold emergence from Rs 1b successful FY26RE, which is affirmative for IPPs specified arsenic ACME Solar, which person undertaken BESS projects.Bharat Electronics The superior outlay for Defense was hiked to Rs 2.2t for FY27 (up 18% YoY) vs.

Rs 1.9t successful FY26RE. The Sharp 18% year-on-year summation successful defence superior expenditure straight benefits indigenized defence electronics and bid inflows. Bharat Electronics is well-positioned to capitalize connected sizable orders including QRSAM, Akash-NG, next-generation corvettes, and basal programs.L&T:Capital expenditure remains the cardinal pillar of the Budget’s maturation strategy. Central authorities capex rises to astir Rs 12.2t successful FY27, registering an 11.5% summation implicit the revised estimates for FY26. Larsen & Toubro’s imaginable pipeline stands astatine a steadfast Rs 5.9t, up 7% YoY, diversified crossed infrastructure, hydrocarbons, carbon, and hi-tech segments. Strategic absorption connected municipality development, renewables, gas, AI, and information centres supports beardown accidental visibility crossed home and planetary markets.Lemon Tree:We are optimistic astir the home tourism industry, with request consistently exceeding pre-Covid levels.

Hotel companies expanding into tier-II and beneath cities volition payment from the government’s propulsion for tourism.Lemon Tree Hotels continues to show resilient performance, driven by beardown ARR maturation and strategical spot additions. Aurika Mumbai and different flagship properties are expected to thrust double-digit RevPAR maturation successful 2HFY26.Samvardhana Motherson:The information that the authorities would proceed its infrastructure propulsion is simply a cardinal indirect affirmative for car and car ancillaries.

The summation successful PLI allocation, determination toward constitution of uncommon world corridor and proviso of 4k e-buses for East Tourism item its continued absorption connected EV transition.We expect the car conception to prolong its momentum connected the backmost of a affirmative user sentiment, some successful municipality and agrarian and dependable economical maturation expected successful FY27.Polycab:The Union Budget 2026-27 gives a important manufacturing propulsion (electronics and infrastructure) that should enactment request for cables & wires.

Long-term taxation vacation until 2047 for overseas companies that supply unreality services globally utilizing information centre infrastructure located successful India – volition pull concern successful Indian information centre capacity, which would thrust maturation for cables. Polycab remains a beardown structural play connected India’s electrification, infrastructure and existent property upcycle.

Syrma:The Union Budget 2026-27 announcements and initiatives are aimed astatine boosting home manufacturing and competitiveness successful the Indian EMS sector.

The instauration of an ISM 2.0, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), Modified Special Incentive Package Scheme (MSIPS), EMC/EMC2.0 and doubling of outlay nether the ECMS strategy beforehand cost-efficient manufacturing.

These steps should presumption India arsenic a increasing hub for electronics production, offering important maturation opportunities. EMS companies volition leverage these initiatives by expanding home production.Tata Steel:Capex for FY27BE is pegged astatine Rs 12.2t, compared to Rs 11.0t successful FY26RE. The infrastructure assemblage accounts for ~60% of the full home alloy demand, with operation astatine ~20% and automobiles astatine ~8%. Domestic alloy request is expected to amended with higher capex and caller GST complaint cuts connected auto, user durables and different sectors. Tata Steel is good placed to payment from improving alloy realizations, operating efficiencies, and robust home demand.UltraTech: Cement request has improved aft remaining anemic for 1.5 years. Industry measurement grew ~7-8% YoY successful 3QFY26, with beardown request momentum aft the monsoon and festive periods. The government's accrued allocation to wide capex (up ~12% to Rs 12.2t vs. 2025-26RE) is expected to indirectly payment cement demand. We present estimation manufacture measurement maturation to beryllium ~8% YoY successful FY26E (vs. earlier estimation of 6-7%). We judge Ultratech is good positioned to leverage the beardown request uptrend fixed its ample standard of cognition and beardown marque equity.(Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)