The domestic markets closed in positive territory after a significant recovery, buoyed by an encouraging economic survey that confirmed a solid growth forecast for FY27 and a stable inflation scenario despite ongoing global uncertainties.
Sensex climbed 221.69 points to settle at 82,566.37; Nifty 50 climbed 76.15 points to 25,418.90.
Nifty 50 and Sensex, traded lower after opening flat on Thursday. After two days of gains driven by the trade agreement with the European Union, investors focus shifted to the budget set to be announced on Sunday.
The budget plays a crucial role in indicating the direction of economic growth and corporate earnings in the world’s fastest-growing major economy. Markets will be open for a special session on Sunday.
Among stocks to watch today, shares of ITC, Tata Motors, Swiggy, Paytm, Canara Bank, Adani Power, Vedanta, Larsen & Toubro, Cochin Shipyard, Garden Reach Shipbuilders & Engineers, Vedanta, Hindustan Zinc, among others will be in focus.
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