Indian shares sharply extend post-budget gains led by HDFC Bank advances
BENGALURU (Reuters) - Indian shares extended their post-budget gains to a second session on Tuesday, led by advances in finance and infra stocks, as investors cheered the government's move to step up spending to aid the economy's recovery from the COVID-19 pandemic. The NSE Nifty 50 index rose 2.14% to 14,586.55 by 0352 GMT, while the benchmark S&P BSE Sensex was up 2.1% at 49,621.80. Both the indexes had gained 4.7% and 5%, respectively, after the federal budget was announced on Monday. India boosted healthcare spending by 135%, lifted caps on foreign investment in its vast insurance mark...
Source: business-standard.com