Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices opened with gains on Monday morning. S&P BSE Sensex was above 52,200 when the Nifty 50 breached 15,700 when once more. However, minutes into the day’s trade, benchmark indices gave up some gains to trade flat with positive bias. Power Grid, ONGC, and ITC have been the top rated gainers on Sensex when Bajaj Finance, Bajaj Finserv, and Asian Paints have been the top rated laggards. India VIX was down 4% on Monday morning when broader markets have been outperforming benchmark indices. Nifty Financial Services and Nifty Pharma have been down in red, all other sectoral indices have been surging greater.
The central government is unlikely to unveil any fresh stimulus measures to help the pandemic struck economy to come out of the second wave of covid-19. Instead, the government will focus on Budget proposals, primarily in the infrastructure sector. The Union Budget introduced in February this year, currently things in the want for more rapidly recovery from the pandemic aided slump in the economy and requires particular measures that will assist in the procedure. The government will also look to undertake capex. On Friday, finance minister Nirmala Sitharaman asked a variety of infrastructure ministries and central public-sector enterprises (CPSEs) to “front-load” capex and make sure the timely completion of massive projects.