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Markets give a thumbs up to call for deregulation! Sensex and Nifty surge over 1% led by Tata Consumer, Nestle India

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Markets give a thumbs up to call for deregulation! Sensex and Nifty surge over 1% led by Tata Consumer, Nestle India

The Indian stock market saw a positive close on Friday, with both the Sensex and Nifty continuing their upward movement following the release of the Economic Survey 2024-25. The benchmark index, Sensex, surged by 813.16 points, or 1.06%, ending the day at 77,572.97. Similarly, the NSE Nifty 50 rose by 285.20 points, or 1.23%, to close at 23,534.70.

Nifty Bank climbed 336.50 points, or 0.68%, to settle at 49,648.45.

The positive momentum follows the tabling of India’s Economic Survey for the fiscal year 2024-25 by Union Finance Minister Nirmala Sitharaman, marking the official start of the Budget 2025 session. Finance Minister Nirmala Sitharaman will present her 8th consecutive Union Budget in Parliament tomorrow, February 1, 2025.

This is a developing story, more details are being added. Please watch the space for updates

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