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NIFTY50 hits all-time high, SENSEX up over 1100 points

Upstox
By Upstox News Desk

1 min read | Updated on February 02, 2024, 12:30 IST

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SUMMARY

The government's fiscal prudence in its budget boosted market sentiment.

Stock list

MARUTI
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AXISBANK
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TCS
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allocation.webp

NIFTY, SENSEX rise as budget uncertainty ends

Feb 2 (Reuters) - India's benchmark Nifty 50 index hit an all-time high of 22,126 on Friday, helped by gains in heavyweight stocks like Maruti Suzuki (+4.4%), Axis Bank (+1.5%) and TCS (+1.0%). The government's fiscal prudence in its budget boosted market sentiment.

The NSE Nifty 50 index hit an all time high of 22,126 is currently up 1.71%, while SENSEX is up over 1100 points. As per experts, the market rises as budget uncertainty ends and amid strong global clues.

On the sectoral front, NIFTY PSU Bank (+3.1%) index continues to rise for the second straight day. NIFTY Auto, NIFTY Bank, NIFTY FMCG are also trading in green.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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