The Economic Times News

Budget 2026 signals demand revival, private investment thrust, says Motilal Oswal. BDL, UPL among 5 stocks to buy

Motilal Oswal expects Budget 2026 to spur domestic demand, private investment and jobs through tax simplification, rural support, infrastructure and defence capex. The brokerage recommends five beneficiariesTVS Motor, UPL, Bharat Dynamics, M&M Financial Services and Dalmia Bharatciting strong sectoral tailwinds, balance-sheet strength and earnings visibility across consumption, agriculture, defence and infrastructure.