The Indian Market Is Trading Strong On The Budget Day

The Indian market is trading strong on the Budget Day, led by gains in Bank Nifty among other sectoral indices. Midcaps have continued their corrective phase. The Nifty midcap index is down about half a percent.

The Sensex is up 128.89 points or 0.36% at 36093.91, and the Nifty up 30.90 points or 0.28% at 11058.60. The market breadth is positive as 1084 shares have advanced, 548 shares declined, and 157 shares are unchanged.

L&T and M&M are the top gainers on both indices, while Tata Steel, Infosys, Vedanta and Bharti Infratel lost the most.

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