3.39 PM: Closing Bell: Nifty ends above 14,600, Sensex gains 1,197 pts; Nifty Bank up 3% a day after Budget

Market Close: Benchmark indices ended higher for the second day in a row with Nifty above 14,600 on the back of growth oriented announcements by the Finance Minister in the Union Budget 2021.

At close, the Sensex was up 1,197.11 points or 2.46% at 49,797.72, and the Nifty up 366.70 points or 2.57% at 14,647.90. About 1727 shares have advanced, 1165 shares declined, and 170 shares are unchanged.

Tata Motors, Shree Cements, UltraTech Cement, SBI and Hindalco were among major gainers on the Nifty, while losers included HDFC Life, Bajaj Finserv, Hero MotoCorp, Titan Company and HUL.

Among sectors, bank, auto and infra ended with 3-4 percent gain. BSE Midcap and Smallcap indices rose 1-2 percent.

News Source:- Moneycontrol

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