The Sensex on Wednesday closed above the 50,000 mark for the first time as the Budget-fuelled rally continued for the third straight session. The index rose 458 points, or about 1 per cent, to finish at 50,256, gaining close to 9 per cent in the last three trading sessions.
Investor wealth has jumped by Rs 12.31 trillion since the Budget day, taking the market capitalisation of all BSE-listed companies to a record Rs 198.43 trillion.
In the Union Budget for 2021-22, presented on Monday, Finance Minister Nirmala Sitharaman unveiled a spending plan to revive the economy, triggering the latest bout of optimism.

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