State-owned enterprises in India could keep outperforming the broader market—at least that's what some investors are betting on heading into February 1st's budget announcement. The key question: Will New Delhi restart its divestment program? If the government decides to offload stakes in state-run companies to raise capital and fuel economic growth, it could reshape market dynamics. Observers are closely monitoring whether this move signals confidence in the economy or pressure to meet fiscal targets. For those tracking macroeconomic shifts and their ripple effects on asset prices, India's policy decision could offer valuable clues about emerging market trends.