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Thursday, February 2, 2017

NDA Govt Budget 2017-18 - Sensex Closes at 4-month High as Budget Rally Continues Thursday Feb 02,2017




The Budget rally entered the second day on Thursday Feb 02,2017 after the Sensex closed at nearly a 4-month high of 28,227, driven by healthcare and IT stocks amid mixed global shares.
Apart from auto, capital goods and infra, all sectoral indices notched up smart gains.
After moving between 28,070.81 and 28,299.92, the Sensex settled up 84.97 points, or 0.30 per cent, at 28,226.61. This is the highest closing since October 4 last when it closed at 28,334.55.
The index had rallied 486 points yesterday, spurred by a series of market-friendly budget moves.

The 50-share NSE Nifty finished higher by 17.85 points, or 0.20 per cent, at 8,734.25 after trading between 8,685.80 and 8,757.60.

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