Sensex, Nifty Continue To Rally; BHEL, Axis, GAIL Top Gainers

BHEL, Axis Bank, GAIL, NTPC and ICICI Bank are beat gainers while Lupin, Wipro, Tata Steel, Bajaj Auto and Cipla are failures in the Sensex. The Union spending plan will be a "market-impartial" occasion as policymakers are not liable to change their strategy position and will keep on focusing on financial combination, says a Morgan Stanley report. "We don't expect real changes in the direct of monetary arrangement and consequently, see the financial plan as a market-impartial occasion," Morgan Stanley said in an examination note.

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BHEL, Axis Bank, GAIL, NTPC and ICICI Bank are top gainers while Lupin, Wipro, Tata Steel, Bajaj Auto and Cipla are losers in the Sensex. The Union budget is going to be a "market-neutral" event as policymakers are not likely to change their policy stance and will continue to focus on fiscal consolidation, says a Morgan Stanley report. "We do not expect major changes in the conduct of fiscal policy and hence, view the budget as a market-neutral event," Morgan Stanley said in a research note.

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