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BusinessAhead of interim Budget, Sensex gains 612 points

Ahead of interim Budget, Sensex gains 612 points

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Benchmark equity indices climbed nearly 1 per cent on Wednesday on buying in HDFC Bank and Reliance Industries.

Investors are eyeing the two important events lined up ahead — the interim and the US Fed interest rate decision — to derive further cues from.

Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21 points or 0.86 per cent to settle at 71,752.11. During the day, it zoomed 711.49 points or 1 per cent to 71,851.39.

The Nifty climbed 203.60 points or 0.95 per cent to 21,725.70.

Among the Sensex firms, Sun Pharma, Tata Motors, State Bank of , Mahindra & Mahindra, Maruti, Bajaj Finserv, Power Grid and UltraTech Cement were the major gainers.

Larsen & Toubro declined over 4 per cent after its December quarter earnings. Titan also ended lower from the 30-share pack. In Asian markets, Tokyo, Shanghai and Hong Kong ended lower while Seoul settled in the green.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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