Union Budget 2017: Stock markets hail Budget, Sensex rallies 486 points - News Summed Up

Union Budget 2017: Stock markets hail Budget, Sensex rallies 486 points


Highlights 1 Sensex closed higher by 485.68 points, or 1.76 per cent, at 28,141.64. 2 Shares of SBI, Union Bank of India, Bank of Baroda etc. The Union Budget 2017-18 provided the feel-good factor as the Sensex today leaped close to 486 points to close at an over 3-month high of 28,142, with financial and realty stocks powering the momentum. The Budget also allocated a record Rs 3.96 lakh crore to the infrastructure sector. Also read: Union Budget 2017-18: Income Tax rate halved to 5 per cent for Rs 2.5-5 lakh slabAlso read: Union Budget 2017: Arun Jaitley caps cash donation to political parties at Rs 2000Watch: PM Modi congrats finance minister for Union Budget


Source: India Today February 01, 2017 12:22 UTC



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