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Friday 5 July 2019

Market Live: Sensex High, Nifty 11,950 More than Union Budget 2019

Budget 2019 is a sight to everyone because it is going to decide the direction of the market.

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Market Extends Gain: Benchmark indices boosted profit in initial business with the recovery of 40,000 levels in the Sensex for the first time since June 11. The BSE Sensex gained 104.96 points to 40,013.02 and the Nifty advanced by 50.28 points to 11,975.

The uptrend in the market, the market is bullish compared to about 522 shares compared with 309 declining shares on BSE.

Gainers-Losers and Contributors to Sensex


Market Opening: Benchmark indices were opened higher before the Union Budget 2019 which will be presented later today. The BSE Sensex closed at 39.348.41, 40.35 points and the Nifty 50 rose by 15.10 points to 11,961.90.

Budget Expectations: "Large investment incentives through the budget" However, tax collection can come only after physical growth. However, we expect a general increase of 14-18 percent in budget allocation for infrastructure spending. This agenda is to promote the next economic development.

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