Mumbai : With the budget announcements by the Finance Minister Nirmala Sitharaman, there was a huge boom in the market. Disinvestment of two state-run banks, IPO of LIC and budget announcements related to the recapitalization of banks saw the biggest jump in the stocks of banking and finance companies.
The Sensex started with an upward trend. But after the budget announcements, both the Sensex and the Nifty saw a tremendous boom. The self-reliant India, the Nifty of the National Stock Exchange is trading at 14,093.90 points with a gain of 459.30 points due to announcements related to accelerating the economy after the Corona period. Similarly, the Bombay Stock Exchange Sensex also gained up to 1664 points and reached a high of 48,004.71 points.
Out of 30 Sensex companies, 26 stocks gained. At the same time, the situation in the Nifty was more or less the same. The stock of 45 out of 50 companies has gained momentum here.
IndusInd Bank shares in Sensex climbed to 11.13 percent. Similarly, the bank’s share in the Nifty was also at a gain of 11.43 percent. Apart from this, shares of ICICI Bank, HDFC, SBI, HDFC Bank, Maruti Suzuki and Reliance Industries were also profitable.
