Market maintains the Budget Day rally
After a very successful day yesterday, the markets have managed to still stay strong today.
Sensex today opened 727 points high at 49,327 while Nifty was also hovering healthily above 14,450 as a result of yesterday’s budget announcement.
Among the large-cap stocks, Tata Motors, HDFC, L&T, ICICI Bank and SBI were among the top gainers with HDFC making a 5% rally again after having done so yesterday. The Nifty Auto Index and the Nifty Financial Services indices were both up by over 2% each.
Manappuram Finance was trading at a high of 2.34%, among other gold-loan companies. TCS (Tata Consultancy Services) was also up by 1.56% reaching Rs 3190.85.