Market Watch

Friday, 27 February 2015

Stock Market ends 473 points up; will it be a crash or boom on Budget Day?

The nerves before Budget day are clearly on the right side for the bourses with Sensex rallying nearly 500 points on Friday. With Sebi deciding to allow trading on Saturday, the question running on most broker minds is if the markets will pay dir dirt on the Centre's biggest day.
According to experts, volatility will remain extremely high as changes announced in the Budget will either have a positive or a negative impact on investor sentiment, which will define the trend.
The Sensex settled the day at 29,220.12, up 473.47 points. The broader 50-share Nifty closed at 8,844.60, up 160.75 points.
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