Sensex, Nifty rise 2%; FMCG, IT, Bank index gain 2-4% -- 1 Mar 2016

The market is surging ahead after the Budget proposals by Finance Minsiter Arun Jaitley. The Sensex is up 505.07 points or 2.2 percent at 23507.07, and the Nifty up 153.85 points or 2.2 percent at 7140.90. About 1612 shares have advanced, 403 shares declined, and 65 shares are unchanged. 

                                   

ITC is up 8 percent, while ICICI Bank, Hero, Maruti and GAIL are top gainers in the Sensex.  ONGC, HDFC, Tata Steel, HUL and Dr Reddy's Labs are major losers in the Sensex.

 Gold regained Rs 30,000-mark by surging Rs 258 to Rs 30,008 per 10 grams in futures trading today as speculators widened their bets amid a firming trend overseas. Analysts said a firming trend in the global markets as data showed Chinese manufacturing contracted for a record seventh month, boosting demand for a safe-haven, influenced gold futures. Globally, gold rose 0.7 per cent to USD 1,247.78 an ounce in Singapore. The precious metal had climbed 11 per cent in February, the biggest monthly increase since January 2012.

Monetary Solution  is a big name in the national market when it comes to Cash PlusTips and our clients trust the tips provided by us to a large extent hence minimizing the risk involved in stock trading. For more information visit our site at:  http://www.monetarysolution.in/

Or Call on - 8818884090, 8223888886