Moneycontrol
Last Updated : Feb 28, 2015 03:13 PM IST | Source: Moneycontrol.com

Live Market Updates: Heavy buying in bank, pharma take Sensex, Nifty to green

Bank Nifty is up 3 percent. Axis Bank is up 7 percent, while ICICI Bank and Sbi are other gainers in the index. HUL and Sun Pharma are among major gainers in the Sensex.


Moneycontrol Bureau


Aggressive buying in pharma and banks pulled the market to green. The Sensex is up 17.61 points at 29237.73 and the Nifty is up 18.75 points at 8863.35. About 1064 shares have advanced, 1555 shares declined, and 240 shares are unchanged.


Bank Nifty is up 3 percent. Axis Bank is up 7 percent, while ICICI Bank and Sbi are other gainers in the index. HUL and Sun Pharma are among major gainers in the Sensex.


"We are now embarked on two more game changing reforms. GST and what the Economic Survey has called the JAM Trinity – Jan Dhan, Aadhar and Mobile – to implement direct transfer of benefits. GST will put in place a state-of-the-art indirect tax system by 1st April, 2016. The JAM Trinity will allow us to transfer benefits in a leakage-proof, well-targetted and cashless manner," FM said in his Budget speech.


(Posted by Nasrin Sultana)

First Published on Feb 28, 2015 02:50 pm
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