The Sensex rebounded before the budget, with the stock market opening up 400 points

- The Sensex opened above 46,617.95 and the Nifty stood at 13,758.40

New delhi date. Monday, February 1, 2021

Ronak was seen in the stock market on Monday just before the country’s general budget 2021-22 was released. The Bombay Stock Exchange's Sensex surged nearly 400 points. The Sensex opened 400 points higher at 46,617.95. The National Stock Exchange Nifty was at 13,758.40. The Sensex closed at 46,285.77 points and the Nifty closed at 13,634.60 in the last trading session.

Budget day has seen a rally in both the Sensex and the Nifty. Self-sufficient India within the budget has been seen by investors as a way to boost the economy in the Corona period. Meanwhile, the Sensex touched a high of 46,777.56 and the Nifty touched a high of 13.773.80.

Of the 30 companies in the Sensex, 19 have seen gains. So the Nifty has been in the same position. Shares of 35 out of 50 companies have seen gains.

Shares of IndusInd Bank, which is included in the Sensex, are the biggest gainers. Apart from this, shares of ICICI Bank, HDFC, SBI, Maruti Suzuki and Reliance Industries also rose.