The markets have remained strong, albeit off their highs, post the budget. The Sensex is now quoting at 16460, higher by 205 points and the Nifty is at 4930, up 70 points.
It has been infrastructure, auto and financials all the way. HDIL (appreciated by 8.5% at Rs 318), DLF (stronger by 7.6% at Rs 311) and Unitech (up 4.6% at Rs 73) are the major infrastructure gainers.
In the auto space, Tata Motors has strengthened by 6.5% at Rs 712 and M&M has hardened 5.9% at Rs 1016, while Hero Honda and Maruti have strengthened more than 4% each.
And in the financials space, ICICI Bank has appreciated by 2.7% at Rs 874 and HDFC Bank is up 2% at Rs 1721).
The market breadth is strong. Out of 2830 stocks traded on the BSE, there are 1909 advancing stocks as against 844 declines.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app