New Delhi, Feb. 4 -- Capital goods stocks witnessed a sharp rally in today's trade, February 4, after being beaten down following the Union Budget 2025, due to concerns over weaker capex allocation. The BSE Cap Goods index ended today's session with a gain of 3.42%.

Twenty-one out of 30 constituents of the index finished Tuesday's session in the green, with ABB India emerging as the top gainer, rallying 8.3%, followed by Cummins India, HAL, BHEL, Inox Wind, Larsen & Toubro, Bharat Electronics, Siemens, and NBCC (India), all concluding the session with gains of between 3% and 6%.

Despite a relief rally seen in today's session, these stocks are trading at sharp discounts from their recent peaks. For instance, ABB is currently trading 40% ...