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Sensex pares initial losses, up over 100 points; Nifty above 14,800
Benchmark indices bounced back in the afternoon trade. At 1.27 pm (IST), the barometer index S&P BSE Sensex traded 101 points higher at 50,357. The Nifty 50 index was up 46 points at 14,836.
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Investor wealth jumps over Rs 12.31 lakh cr in 3 days; m-cap of BSE-listed firms at record high
The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever.
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Budget momentum drives Sensex, Nifty to record highs
Sensex witnessed mild profit-booking at higher levels but managed to end the day at fresh closing peak of 50,255.75, up 458 points or 0.92% while Nifty rose 142 points to end the day’s trade at another record high of 14,789.95.
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Banks’ NPAs decline to Rs 8.08 lakh cr in Sep 2020 from Rs 10.36 lakh cr in Mar 2018: Govt
Gvoernment's streategy of recognition, resolution, recapitalisation and reforms have resulted in decline of NPAs by Rs 2,27,388 crore.
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India’s budget shot in the arm for economy, fiscal consolidation takes a back seat: S&P
Budget's emphasis on capital expenditure marks a noteworthy shift, and higher investment in India's physical infrastructure should help to raise investment potential and competitiveness in the economy over time.
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Budget euphoria continues, Sensex opens above 50,000
Sensex up 433 points at 50231, while the Nifty50 rose 107 points up at 14754.
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Sensex soars 1,197 points to close at record high of 49,797; Nifty climbs 366 points
Nifty Auto rallied the most, over 4%, followed by Nifty PSU Bank, Nifty Realty and Nifty Financial Services gaining over 3% each.
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Indices Continue Post Budget Rally, Sensex Jumps 1250 Points, Nifty Above 14650
Sensex trades at 49992 up 1321 points. While the Nifty50 is up 384 points or 2.69% at 14672.
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Fund managers, brokerages fear costly money, inflation in higher deficit
Higher spending will be funded by higher borrowing which has the potential to create an upward pressure on inflation and interest rates.
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Market cheers budget 2021 Sensex skyrockets over 2,300 pts; Nifty reclaims 14,000
Sensex ended at 48,600.61, up 2314.84 or 5.00%, while Nifty climbed 646.60 points or 4.74% to settle at 14,281.20.
