Benchmark indices bounced back in the afternoon trade. At 1.27 pm (IST), the barometer index S&P BSE Sensex traded 101 points higher at 50,357. The Nifty 50 index was up 46 points at 14,836.
SBI, Hero MotoCorp, NTPC, Adani Power, Arvind, Ipca Labs, PFS, Suzlon, Tata Power, Trent and Zee are slated to announce their financial results on Thursday
Indian stocks are expected to open on a flat note after seeing steep recent rally.
"Probably in the third or fourth quarter of next financial year, depending on how soon the valuation comes," he said.
This was a strong, positive growth-oriented budget with a focus on infrastructure spend.
Dubbed as Asia's largest military aviation exhibition, the three-day Aero India event commenced amid the COVID-19 pandemic with buzz around "Aatma-Nirbhar Bharat" (self-reliant India) and "Make in India" push.
Finance Minister Nirmala Sitharaman delivered a budget which has been hailed as 'bold' and 'growth-oriented'.
Individuals up to the age of 40 should take a life cover equivalent of 20-30 times their annual income. writes Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance.
The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever.