Delhi/Hyderabad Feb 2 (Hydnow): BSE Sensex jumped more than 700 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25.
Sensex was trading at 72,422.09 points, up 776.79 points or 1.08 percent.
Powergrid is the top gainer, up by more than 4 percent. Infosys is up more than 2 percent. The Nifty top gainers are BPCL, and Adani Ports, up by more than 4 percent.
Advertisements
V.K. Vijayakumar, Chief Investment Strategist, at Geojit Financial Services, said the non-populist Budget focused on fiscal consolidation is a big positive.
“The big allocation for rural housing will benefit all construction-related segments like cement, steel, paints, etc.
Another important budget takeaway is the sharp decline in bond yields consequent to the net market borrowing kept low at Rs. 11.75 trillion. this is beneficial for banks, he said. (Hydnow)
Advertisements
Next Story:
-
BRS Leaders Held Protest Over CM Revanth’s Comments On BRS Women Leaders
BRS leaders staged protest condemning the objectionable comments made by Chief Minister A Revanth Reddy against senior women BRS leaders P Sabitha Indra Reddy and V Sunitha Lakshma Reddy.
-
Strict Action Against People Who Collect Parking Fees Against Rules: GHMC Commissioner
GHMC Commissioner Amrapali Kata said that action has been taken against the malls and multiplexes that are charging parking fees contrary to the rules within the GHMC.
-
Osmania University Rescheduled Telangana SET
Osmania University on Thursday rescheduled the Telangana State Eligibility Test (TG SET), which will now be conducted from September 10 to 13.
-
Heavy Rains Warning In Telangana
The Indian Meteorological Department, (IMD) Hyderabad Center has warned that heavy rains will occur in many districts of Telangana state.
-
Four People Involved In Dacoity Offence Arrested
Maidardevpally and CCS Rajendra Nagar teams proceeded and apprehended the four offenders at Sasthripuram at Sasthripuram namely 1. Aqeel, 2. Adnan, 3. Mohd Saif, 4. Moshin
Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram