Stock market closes higher a day before Union Budget
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
The stock market on Tuesday snapped two-day losing streak and gained 0.5 per cent supported by auto, realty and financials after the RBI announced liquidity-boosting measures.
At close, Sensex was down 824 points or 1 per cent at 75,366, and the Nifty was down 275 points or 1.2 per cent at 22,817.
At the close, the Sensex rose 566 points (0.75%) to 76,404, while the Nifty gained 130 points (0.57%) to finish at 23,155. Market breadth remained weak, with 1,110 stocks advancing, 2,677 declining, and 107 remaining unchanged.
Investors are awaiting the release of US inflation data and the Federal Reserve’s policy meeting.
Sensex opened lower at 75,031.79, and climbed in the afternoon session to touch its all-time high of 76,795.31. Further at close, it was at 76,693.36, up 1,618.85 points, or 2.16%.
Sensex opened higher at 75,078.70, and closed at 75,074.51, up 692.27 points, or 0.93%.
The stock market opened on a positive note on Thursday, buoyed by NDA unanimously announcing PM Narendra Modi's third term, to take oath as prime minister on Saturday.
Sensex opened higher at 73,027.88, and touched an intraday high of 74,534.82.
