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Sensex surged 657 points on Wednesday to reclaim the 58,000-mark today amid positive global cues. The index surged for the second straight session and closed 657.39 points or 1.14 per cent higher at 58,465.97. Nifty rose 197.05 points or 1.14 per cent to end at 17,463.80.
The rate remained unchanged for the tenth time in a row. Also, the RBI kept the reverse repo rate unchanged at 3.35 per cent.
Sensex surged 657 points on Wednesday to reclaim the 58,000-mark today amid positive global cues. The index surged for the second straight session and closed 657.39 points or 1.14 per cent higher at 58,465.97. Nifty rose 197.05 points or 1.14 per cent to end at 17,463.80.
The capex-led growth-oriented Budget augurs well for the Indian equity market, according to market watchers.
The countdown for Budget 2022 has begun and like everyone, stock market experts also have a voluminous list of expectations from Finance Minister Nirmala Sitharaman.