The benchmark indices Sensex and Nifty raised as the union budget will be presented tomorrow. Sensex surged over 665 points as investors piled into recently beaten-down banking, auto, IT and FMCG stocks ahead of the Union Budget. The 30-share Sensex rallied 665.44 points, or 1.87%, to close at 36,256.69. The broader Nifty soared 179.15 points, or 1.68%, to 10,830.95.
In the Sensex, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64%. n the other hand, Yes Bank, HCL Tech, Bajaj Finance, ICICI Bank, and Coal India fell up to 2.56%.