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Nifty Auto rallied the most, over 4%, followed by Nifty PSU Bank, Nifty Realty and Nifty Financial Services gaining over 3% each.
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The Sensex has amassed 3,511 points or 7.58 per cent in two sessions, and the Nifty has accumulated 1,007.25 points or 7.38 per cent.
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Here are top stocks which brokerage ICICI Securities believes could benefit from Union Budget 2021:
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Shares of Indigo Paints made a stellar debut on the bourses with a hefty premium over the issue price. On the NSE, the scrip listed at Rs 2,607.50, up 75% over its issue price of Rs 1,490 per share.
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Sensex trades at 49992 up 1321 points. While the Nifty50 is up 384 points or 2.69% at 14672.
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Benchmark equity indices BSE Sensex and NSE Nifty extended their gains for the second straight session on Tuesday after Finance Minister Nirmala Sitharaman presented an expansionary Union Budget for 2021-22.
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Indigo Paints will debut on the bourses today after finalising the issue price at Rs 1,490 per share - the higher price band of its public offer.
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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 111 points at the opening bell.
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Sensex ended at 48,600.61, up 2314.84 or 5.00%, while Nifty climbed 646.60 points or 4.74% to settle at 14,281.20.
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The market capitalisation of BSE-listed firms jumped by Rs 5.20 lakh crore to Rs 191.32 lakh crore.