Indian markets are on a high ahead of the Union Budget. Sensex and Nifty are already up over 1 per cent. Apart from Dr Reddy's Laboratories, Bharti Airtel and Powergrid, all other companies in the 30-share index are in the green till 10.44 am. However, the market mood index (MMI) continues to show 'fear' in the minds of the investors just as it was one week ago. It is inching
The domestic equity indices extended gains to the second straight session led by gains in metal stocks. The 30-share BSE Sensex rallied 848 points or 1.46 per cent to close at 58,863; while the broader NSE Nifty moved 237 points or 1.37 per cent higher to settle at 17,577. Sensex slumped nearly 1,300 points from its intraday high to plunge into red soon after Finance Minister Nirmala Sitharaman concluded her Union Budget 2022-23 speech but staged a quick recovery thereafter in late deals.
Benchmark indices ended lower after trading with massive gains during the majority of session on Friday. Sensex crashed 884 points from the day's peak to close Friday's highly volatile session 77 points lower at 57,200.