Share Market News Today | Sensex, Nifty, Share Prices LIVE: Entering Wednesday’s trading session, SGX Nifty was up more than 100 points suggesting a continuation of Yesterday’s momentum.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices gave a thumbs up to the Union Budget on Tuesday and soared higher. S&P BSE Sensex rallied 848 points or 1.46% to end the day at 58,862 while the broader NSE Nifty 50 closed the day at 237 pints or 1.37% in the green at 17,576. Broader markets mirrored the up-move. Entering Wednesday’s trading session, SGX Nifty was up more than 100 points suggesting a continuation of Yesterday’s momentum. Global cues were supportive after Dow Jones, S&P 500, and NASDAQ closed in the green. While Chinese and South Korean stock markets were closed, Japanese equity indices were seen soaring higher on Wednesday morning.
Finance Minister Nirmala Sitharaman presented the Union Budget yesterday and the focus remained on long-term growth and capital expenditure. The Finance Minister provided a much-awaited update on the LIC IPO. The public issue of the Life Insurance company will come soon. The Union Budget was cheered by Dalal Street that closed near the day’s high. The government has set four priorities in the Union Budget: PM GatiShakti, inclusive development, productivity enhancement, and financing of investments. The divestment target has, however, been brought down significantly from recent targets to just Rs 65,000 crore.
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