The Interim Budget's proposal to give full rebate to tax payers having annual income up to Rs 5 lakh on Friday boosted the Indian equity market during the post-noon trade session on Friday.
As Finance Minister Piyush Goyal presented the Interim Budget for 2019-20 in the Lok Sabha, healthy buying was witnessed in the auto, FMCG and capital goods stocks.
At around noon, the Sensex traded at 36,647.04 points, higher by 390.35 points or 1.08 per cent from the previous close of 36,256.69 points.
The Nifty50 on the National Stock Exchange traded at 10,933.65, higher by 102.70 points or 0.95 per cent from the previous close.
--IANS
ravi-rv/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
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