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Nifty, Sensex to push higher – Monday closing report Moneylife Digital Team  0 We had mentioned in previous week’s closing report that Nifty, Sensex may try to recover. On Monday, the major indices posted huge gains on announcement of the Union Budget. On the NSE, there were 1,357 advances, 567 declines and 82 unchanged.   The trends of the major indices in the course of Monday’s trading are given in the table below:     In the Union Budget, finance minister Nirmala Sitharaman announced a Bill to set up a DFI (development finance institution) with a capital of Rs20,000 crore to provide lending of at least Rs5 lakh crore. A “National Monetization Pipeline” of potential Brownfield infrastructure assets will be launched. She also proposed to amend the Insurance Act, 1938 to increase the permissible FDI limit from 49% to 74% and allow foreign ownership and control with safeguards.

India generalNirmala sitharamanKansai nerolacMoneylife digital teamPower grid corporation of indiaEster industriesNational monetization pipelineCoromandel internationalUnion budgetInsurance actGrid corporationState governmentஇந்தியா ஜநரல்கன்சாய் நேரோளக்பவர் கட்டம் நிறுவனம் ஆஃப் இந்தியாஎஸ்டர் தொழில்கள்