Stock markets witnessed a positive trend after Union Minister Piyush Goyal announced the Interim Budget 2019. The Sensex closed at 36,469 with a rise of 212 points. Similarly, the Nifty also accelerated to 10893 with an increase of 62 points.
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Budget 2019, Sensex & Nifty Live News Updates: Stock Markets Cheer Budget 2019, Sensex Closes 212 Points Higher, Nifty 67 Points Up
The Narendra Modi government will present interim budget today. The budget will have an impact on stock markets. The Sensex will open today at 36, 256.69 points, while the Nifty50 will open 10,830.95 points.
01 Feb, 13:34 (IST)
The budget has a positive impact on stock markets. Sensex surges to 36,683 points after a hike of 480 points, While Nifty inches closer to 11,000 mark. It is currently trading at 10,944 points.
01 Feb, 13:00 (IST)
Sensex shoots to 36,626.90, up by 370.21 points after Piyush Goyal tabled the interim budget in Parliament.
01 Feb, 12:15 (IST)
Reliance Industries Ltd has gained big on the Budget day. on BSE its hsare is trading at 1,235 points, while on Nifty also it shoots to 1,235
01 Feb, 12:09 (IST)
Stock markets continue to race ahead on the Budget Day. The Sensex is trading at 36,385 points, while Nifty surges to 10,870 points
01 Feb, 12:05 (IST)
The markets are showing a positive trend, but share of Axis Bank drops by 7.5 points and is trading at 715 points
01 Feb, 11:58 (IST)
The BSE is trading at 36,388 points with a rise of 131 points, while Nifty touches 10,866 points.
01 Feb, 11:53 (IST)
Apart from the BSE and the Nifty 50, the BSE Midcap and the Nifty 100 also surge. The BSE Midcap is trading at 14657.79, while Nifty 100 is at 11050.55.
01 Feb, 11:44 (IST)
As interim Finance Minister Piyush Goyal is presenting Budget in Parliament, stock markets are accelerating. The BSE shoots by 143 points and is currently trading at 36,400 points. Similarly, the NSE is also showing an upward trend. It is up by 40 points, trading at 10,871 points
01 Feb, 11:39 (IST)
Stock markets continue to accelerate. The BSE is racing ahead with 167 points rise. It is now trading at 36,423 points, while the Nifty also shoots by 50 points and trading at 10881 points.
01 Feb, 11:30 (IST)
The Sensex continues to surge on the Budget Day, The BSE is up by 132 points, now trading at 36,389 from the morning trade, while the Nifty50 is up by 36 points.
01 Feb, 11:21 (IST)
Amidst the news of Naresh Goyal stepping down as Jet Airways chairman, its shares still managed to show an upward trend. Shares of the airline trading at 258.90 pints
01 Feb, 11:13 (IST)
Stock Markets continues to race ahead. The Sensex is still up by 91 points, and Nifty also shows positive trend by gaining 21 points.
01 Feb, 11:08 (IST)
Piyush Goyal is presenting the interim budget 2019 in Parliament. The BSE has surged by 150 points, while Nifty has risen by 39 points.
01 Feb, 11:01 (IST)
Interim Finance Minister Piyush Goyal will present Union Budget in Parliament shortly.
01 Feb, 10:56 (IST)
Maruti Suzuki's shares also surged ahead of the Budget 2019. Its shares are currently trading at 6,861.50 points.
01 Feb, 10:48 (IST)
The BSE is now trading at 36,374 with a rise of 118 points. Similarly, NSE is also showing an upward trend ahead of the Budget 2019. It surges by 40 points from morning trade.
01 Feb, 10:34 (IST)
Stock markets are showing upwards trend ahead of the budget speech. The BSE is up by 148 points, while Nifty surges by 38 points.
01 Feb, 10:25 (IST)
The BSE midcap is also up by 0.58 percent and is trading at 14,644 points. The markets spiked ahead of the budget announcement
01 Feb, 10:16 (IST)
Budget speech is about to begin, and ahead of the interim budget stock markets are showing positive signs. The BSE is up by over 160 points and is trading at 36,418 points. Similarly, the NSE is also witnessing a positive trend and its trading at 10,875.
Mumbai, February 1: The Narendra Modi government will present interim budget today. The budget will have an impact on stock markets. The Sensex will open today at 36, 256.69 points, while the Nifty50 will open 10,830.95 points. Yesterday, stock markets registered a sharp rise ahead of the budget. The Sensex surged nearly 600 points, while the Nifty rose by 161.75 points in the afternoon trade. The rise in the markets was primarily because of the trading of buying in energy and IT stocks. Shares of Infosys Reliance Industries, HDFC Bank also surged.
According to reports, ICICI Bank shares gained up to 2.9 per cent on the NSE, while shares of NTPC rose up to 1.8 per cent. Shares of Reliance Industries also rose up to 2.3 per cent on the NSE. Stocks of Kotak Mahindra Bank, Axis Bank, IndusInd Bank, HDFC Bank and State Bank of India traded higher by 1-3 percent. Interim Budget 2019: A Look At How Income Tax Slabs Changed From 2014 to 2018.
This time the Modi government will present the interim budget as the Lok Sabha Elections are around the corner. Union Minister Piyush Goyal will present the budget as ailing Finance minister Arun Jaitley is in the United States for treatment. In the budget, the government is likely to announce a relief package for farmers including interest-free farm loans and premium-free crop insurance. The government is also considering cash handout to farmers through Direct Benefit Transfer (DBT) by subsuming the various subsidies given to the farmers on seeds, fertilizers, farm equipment, various government schemes and power.
(The above story first appeared on LatestLY on Feb 01, 2019 08:45 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).