Budget 2026 Stocks: All eyes are on the insurance sector, investors are keeping an eye on all these insurance stocks including LIC.

News Topical, Digital Desk : Insurance Sector Stocks in Union Budget 2026 Insurance stocks will be in the spotlight of investors during Budget 2026. Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget in the Lok Sabha. Despite being a Sunday, the stock market will trade throughout the day, and the impact of budget announcements may be felt on many stocks.

These stocks, including LIC, are under scrutiny.
The insurance sector has been undergoing reforms for some time now, and this time too, the sector is expecting new announcements from the Finance Minister. If the budget expands the scope of Section 80CCD to include pension schemes of life insurance companies in addition to the National Pension System, or if a separate tax deduction section is introduced for term insurance, stocks like HDFC Life, SBI Life, ICICI Prudential Life, Max Financial Services, and LIC could benefit.

Stocks To Watch:
General insurance stocks will also be in focus. If the tax deduction limit under Section 80D is increased or medical insurance is included in the new tax system, stocks like Star Health, Niva Bupa, ICICI Lombard, and New India Assurance could see movement.

However, if the budget strongly promotes the new tax system over the old one, it could be negative for the entire insurance sector. The new tax system does not provide any insurance-related exemptions. Consequently, stocks like LIC, HDFC Life, SBI Life, ICICI Prudential Life, Max Financial, ICICI Lombard, and Star Health could come under pressure.

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