Indian Railway Stocks Fall Amid Profit Booking, Budget Expectations
Indian railway-linked stocks experienced a decline on December 29, 2025, as investors engaged in profit booking following a sharp rally over the preceding five sessions. Despite the fall, driven by short-term trading behavior, market sentiment remains cautiously optimistic regarding the upcoming Union Budget's potential support for the railway sector.
- Indian railway stocks, including IRFC and RVNL, fell on December 29.
- The decline was primarily due to profit booking after a recent sharp rally.
- Stocks had surged over 20% in five sessions before the fall.
- Upcoming Union Budget 2026-27 is a key driver for long-term sentiment.
- Recent passenger fare hikes also contributed to the earlier rally.
- Analysts suggest the fall is short-term profit booking, not a sector outlook change.
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