Mumbai: The Budget rally entered the second day on Thursday after the Sensex closed near a four-month high of 28,227, underpinned by healthcare and IT stocks amid mixed global shares. After moving between 28,070.81 and 28,299.92, the Sensex settled up 84.97 points, or 0.30%, at 28,226.61. The 50-share NSE Nifty finished higher by 17.85 points, or 0.20%, at 8,734.25 after trading between 8,685.80 and 8,757.60. The Budget’s significant allocation to infrastructure and focus on affordable housing, rural development and agriculture contributed to the rally. Overall, 15 scrips out of 30 Sensex stocks ended higher.

Source: Mint February 02, 2017 04:20 UTC