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Equities gain on budgetary sops, strong rupee

Equities gain on budgetary sops, strong rupee

Mumbai, Feb 1 (IANS) Indian equities markets on Wednesday augmented on the back of positive budgetary announcements and a strong rupee.

The key indices provisionally closed with appreciable gains of more than 1.50 per cent each, as healthy buying was witnessed in automobile, banking and capital goods stocks.

 

The wider 51-scrip Nifty of the National Stock Exchange (NSE) surged by 155 points or 1.81 per cent, to 8,716.30 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,669.08 points, provisionally closed at 28,127.63 points (at 3.30 p.m.) -- up 471.67 points or 1.71 per cent, from the previous close at 27,655.96 points.

The Sensex touched a high of 28,159.54 points and a low of 27,590.10 points during the intra-day trade.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Equities gain on budgetary sops, strong rupee

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.