Over last 10 years in post-Budget month, bull & bear have shared the honours on Nifty
The Nifty50 touched a record high of 15,257.10 on February 9, gaining 10.8 percent since Budget Day.
Sunil Shankar Matkar
February 11, 2021 / 10:18 AM IST
Indian shares had their best Budget Day in 22 years, as the Sensex rallied 2,300 points, or 5 percent, to 48,600.61 and Nifty gained 646.60 points, or 4.74 percent, at 14,281.20 on February 1, with the market hailing the Budget as growth-oriented.
The Budget was being closely watched to show the way forward to an economy hit hard by the coronavirus pandemic, as the government took the expansionist path to bring growth back on track.