Equity benchmarks ended on a positive note for the fourth straight session Thursday after the Economic Survey projected India’s economic growth rebounding from a five-year low to 7 per cent this fiscal.
Investors also remained optimistic that the Modi 2.0 government’s first Budget, to be presented Friday, will propose measures to boost consumption and revive growth, analysts said. The 30-share BSE Sensex settled 68.81 points, or 0.17 per cent, higher at 39,908.06, while the broader NSE Nifty climbed 30 points, or 0.25 per cent, to 11,946.75.
Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd Bank, Kotak Bank, Hero MotoCorp, Asian Paints and PowerGrid, which rose up to 2.53 per cent.
On the other hand, Yes Bank, HCL Tech, Vedanta, Sun Pharma, Tata Steel, L&T, HDFC Bank and NTPC fell up to 3.56 per cent.