Sensex rallies 848 pts, Nifty above 17,500 on Budget day
The Hindu
Tata Steel was the top gainer in the Sensex pack, zooming 7.57%, followed by Sun Pharma, IndusInd Bank, L&T, UltraCement, ITC and HCL Tech
The BSE Sensex jumped over 848 points on Tuesday, tracking heavy buying in metal and capital goods stocks, as investors cheered the big infrastructure boost provided in the Budget presented by Finance Minister Nirmala Sitharaman.
Firm global cues also supported the rally in domestic equities, traders said.
After touching an intra-day high of 59,032.20, the 30-share BSE index closed 848.40 points or 1.46% higher at 58,862.57. Likewise, the NSE Nifty surged 237 points or 1.37% to end at 17,576.85.
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