Axis Securities Budget Strategy **Axis Securities** has released a tactical outlook identifying **26 stocks** across **8 key sectors** positioned for upside following the Union Budget 2026. The strategy targets equities likely to capitalize on the upcoming fiscal policy announcements. The core investment thesis rests on three macroeconomic pillars: accelerated **infrastructure spending**, a structural recovery in **consumption**, and a continued push for **manufacturing** growth. These themes are expected to drive earnings momentum through increased government capital expenditure and favorable policy frameworks. Sectoral allocation focuses heavily on cyclical and defensive plays. The basket highlights high-conviction opportunities within **Banking**, **Cement**, **Pharmaceuticals**, and **Automobiles**, projecting these industries as the primary beneficiaries of the 2026 fiscal roadmap.