Sensex climbs 2,315 points as market cheers Budget 2021 Nifty soars 646.60 points or 4.74 per cent to finish at 14,281.20
The BSE benchmark Sensex skyrocketed 2,315 points on Monday, propelled by gains in financial stocks, as market participants cheered a growth-oriented Union Budget presented by Finance Minister Nirmala Sitharaman.
After touching an intra-day high of 48,764.40, the 30-share Sensex ended 2,314.84 points or 5 per cent higher at 48,600.61.
The broader Nifty soared 646.60 points or 4.74 per cent to finish at 14,281.20.
On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.
On the other hand, Dr Reddy s, Tech Mahindra and HUL were the laggards.
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Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281
Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index
BusinessToday.In | February 1, 2021 | Updated 16:10 IST
India Stock Market News Highlights Today on union Budget 2021: IndusInd Bank, ICICI Bank, SBI, HDFC Bank were among the top gainers today while HCL Tech, Dr Reddy, Tech Mahindra were among top losers
Sensex, Nifty Highlights on Union Budget 2021:In a historical move, benchmark indices Sensex and Nifty closed 5% higher on Monday, as market participants reacted positively to the announcements by Finance Minister Nirmala Sitharaman in Union Budget 2021. BSE benchmark index S&P Sensex, ended 2,314 points higher at 48,600 and NSE Nifty 50 index gained 646 points to 14,281. This was once in a life time jump seen on Budget day, with Sensex and Nifty rising o
Sensex Skyrockets 2,315 Points as Markets Cheer Budget Announcement; Bank Stocks Sparkle
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The BSE benchmark Sensex skyrocketed 2,315 points on Monday, propelled by gains in financial stocks, as market participants cheered a growth-oriented Union Budget presented by Finance Minister Nirmala Sitharaman. After touching an intra-day high of 48,764.40, the 30-share Sensex ended 2,314.84 points or 5 per cent higher at 48,600.61.
The broader Nifty soared 646.60 points or 4.74 per cent to finish at 14,281.20. On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.
On the other hand, Dr Reddy’s, Tech Mahindra and HUL were the laggards. Indian markets opened on a positive note tracking positive global bourses. During the afternoon session, the markets reacted positively to the Union Budget, traders said.
Home » Website » Business » Union Budget 2021: Centre Proposes To Hike FDI Cap To 74 Percent From 49 Percent In Insurance Sector
Union Budget 2021: Centre Proposes To Hike FDI Cap To 74 Percent From 49 Percent In Insurance Sector
It was in 2015 when the government hiked the foreign direct investment (FDI) limit in the insurance sector from 26 per cent to 49 per cent.
Representational Image Outlook Web Bureau 2021-02-01T15:28:59+05:30 Union Budget 2021: Centre Proposes To Hike FDI Cap To 74 Percent From 49 Percent In Insurance Sector outlookindia.com 2021-02-01T15:34:23+05:30
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In a major move, Finance Minister Nirmala Sitharaman on Monday proposed to increase foreign direct investment (FDI) limit in the insurance sector to 74 per cent from the current 49 percent cap, a move aimed at attracting greater overseas capital inflows to help enhance insurance penetration in the country.
Sensex skyrockets 2,315 pts as market cheers Budget 2021; bank stocks sparkle
Sensex skyrockets 2,315 pts as market cheers Budget 2021; bank stocks sparkle
MUMBAI: The BSE benchmark Sensex skyrocketed 2,315 points on Monday, propelled by gains in financial stocks, as market participants cheered a growth-oriented Union Budget presented by Finance Minister Nirmala Sitharaman.
After touching an intra-day high of 48,764.40, the 30-share Sensex ended 2,314.84 points or 5 per cent higher at 48,600.61.
The broader Nifty soared 646.60 points or 4.74 per cent to finish at 14,281.20.
On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.