The stock market continued to rebound. The budget presented by Union Finance Minister Nirmala Sitharaman gave a new impetus to the market.
The Nifty is nearing an all-time high. There is a trend of progress in all areas. Similarly, Nifty rose by 2.6 per cent to close at 14,647. The Nifty gained 366 points. The Sensex is up about 1,200 points.
Bank Nifty set a new record . Bank Nifty closed 3.6 per cent higher at 34,267. The Nifty Auto Index was the biggest gainer. The Nifty Auto Index rose 4 per cent.
Shares of Tata Motors are up 17%. Shares of HDFC Bank rose 6%. The stock price reached a new high of Rs.1,565.
Of the 50 stocks in the Nifty, 43 gained. The top 5 gainers were Tata Motors, Sree Cement, Ultratech Cement, SBI and UPL.
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