Budget 2021 impact on Stock Markets: Sensex rises over 2300 points, NSE Nifty above 14,000 levels, Bank Nifty near lifetime high

After Budget 2021 presentation on Monday, the Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump.

The BSE gauge Sensex was trading at 49,352.27, witnessing a strong rally of 751.66 points or 1.55 per cent in opening deals.

Likewise, the NSE barometer Nifty was higher by 222.65 points or 1.56 per cent at 14,503.85 in early trade.

In the Sensex pack, all shares were trading in the green barring HUL.

Enthused over various measures announced in the Budget on Monday, the Sensex zoomed 2,314.84 points or 5 per cent to finish at 48,600.61; and the Nifty soared 646.60 points or 4.74 per cent to finish at 14,281.20 the biggest single-day gains ever for the benchmarks on Budget day.

All sectors in greeb except Healthcare

Extending its early morning gains, the BSE Sensex has gained over 2,400 points hitting 48,761 levels while the NSE Nifty rose 691 points and hit 14,326 mark. All sectors are trading in the green zone except healthcarew which is down by a whisker 0.06 per cent.

Sensex regains 48K, NSE Nifty above 14,000 levels, Bank Nifty near life-time high

On account Union Budget proposals, the BSE Sensex shot up 1725 points and hit 48,011 levels — regaining the psychological 48,000 mark. The 50-stocks NSE Nifty registered 493 points intraday gain and touched 14, 128 mark. Bank Nifty logged more than 2,000 points gain in the intraday trade and came close to its lifetime high.

Stock Market cheers Budget 2021; Sensex registers over 1400 point gain, NSE Nifty near 14K

Cheering the FM Sitharaman's Union Budget 2021 proposals, the stock market has chered the proposals for FY 2021-22. The BSE Sensex surged voer 1400 points and hit 47,697 while the NSE Nifty logged 370 points gain and regained 14,000 levels.

Nifty Pharma down by 0.9 per cent today

Nifty IT also down by almsot 1 per cent

Bank Nifty soars over 3 pct on NPA proposals

Cheering the FM Sitharaman's announcements to contain bank NPA and Rs 20,000 crore infusion in the banking sector, banking stocks started to extend its early morning gains. Bank Nifty hit 31,554 levels — 3.2 per cent up from its Friday close. Banking major IndusInd Bank share price skyrocketed around 9.5 per cent, State Bank of India or SBI share price rose over 4 per cent, ICICI Bank share price went northward 6.36 per cent, HDFC Bank and Federal Bank shares added over 2 per cent.

Air India, BPCL Disinvestment process to complete in FY 2021-22: FM

Nirmala Sitharaman announced the Modi Government's commitment to complete the Air India, BPCL disinvestment process in FY 2021-22.

FM reiterates to bring LIC IPO in FY 2021-22

The Finance Minister has re-iterated the Modi Government's commitment to bring Initial Public Offer (IPO) of the Life Insurance Corporation (LIC) in the FY 2021-22 itself.

BIG NEWS for insurance stocks! FDI cap in insurance sector raised from 49 pct to 74%

FM Sitharaman announces FDI cap in insurance sector from 49 per cent to 74 per cent — a demand that most of the insurance sector companies had propsed towards the Modi Government to look at. The move will help the insurance company stocks to scale new peak in short-term.

Real estat stocks rise on Rs 1.1 Lakh crpre road infra fundallocation

On account of Rs 1.1 lakh crore fund allocation in road infra out of 5.5 lakh crore for net infra sector, real estate sector stocks have skyrocketed amid FM Sitharaman's budget speech. Realty major DLF share price skyrocketed over 4 per cent, Indiabulls Real Estate shares soared 5.78 per cent, Brigade Enterprises stock price went northward by near 3 per cent, Sunteck Realty shares went up 2.33 per cent while Oberoi Realty added over 1 per cent.

BIG NEWS for road infra sector, Rs 1.1 lakh crore allocated in FY 2021-22

FM Sitharaman announces Rs 5.5 lakh crore fund allocation for infrastructure projects out of which Rs 1.1 lakh crore — which is 20 per cent of the net infra budget — will go to the road infrastructure sector. Infrastructure sector comapnies having business in road and other infastructure is expected to benefit from this budget 2021 budget proposal.

Sensex regains 47K, NSE Nifty tests 13,850 mark

Cheering the voluntary scrappage policy and other initial budget proposals by FM Nirmala Sitharaman, especially on infrastructure sector, the BSE Sensex rgained 47,000 logging 792 points intraday gain. The NSE Nifty hit 13,850 mark by registering 215 points gain in the intraday trade session.

Ashok Leyland, Tata Motors, other auto stocks to benefit

Speaking on the voluntary scrappage policy being announced in tge Union budget 2021, stock market expert Avinash Gorakshkar said that it will help auto sector stocks like Ashok Leyland, Tata motors, etc.

FM announces voluntary scrappage policy; Sensex soares above 700 points, Nifty above 13,800

Fm Nirmala Sitharaman announces voluntary scrappage policy — a long awaited demand by the auto sectro players. the move will help auto stocks, especially the commercial vehicle secot rcompanies like Tata Motors, Ashok Leyland, etc.

Sensex, Nifty cheer Sitharaman; Sensex scales around 500 points, NSE Nifty above 13,750; ICICI Bank shares soar on strong December quarter numbers

As Finance Miniser Nirmala Sitharaman starts her Union Budget 2021 Speech, stock market soared by above 200 points from its current levels. The BSE Sensex shot up immediately by around 250 points and hit 13,757 levels registering around 123 points gain from its Friday close. On account of strong quarterly numbers, ICICI Bank share price continue to remain favourites of new investors.