2,315: Single-day gain for the BSE benchmark Sensex on Monday, the day of
Finance Minister Nirmala Sitharaman presented Budget 2021.

Business Standard
04th February

2,315: Single-day gain for the BSE benchmark Sensex on Monday, the day of Finance Minister Nirmala Sitharaman presented Budget 2021.

  • The gains on Monday were seen as the equity markets’ appreciation for the Union Budget, which many termed historic for its transparency and focus on growth.
  • In percentage terms, the Sensex rose 5 per cent over its previous close.
  • The was the best Budget-day performance of the markets since 1999. The only three instances in the past 30 years when single-day gains were better than this time are Yashwant Sinha’s Budget for 1999-2000 (5.1%), P Chidambaram’s Budget for 1997-98 (6.5%), and Manmohan Singh’s Budget for 1992-93 (9.4%)
  • The top gainers on the Sensex this Monday were IndusInd Bank, which rose 14.8% over its previous close, ICICI Bank (12.5%), Bajaj Finserv (11.2%), SBI (10.3%) and HDFC (8.6%).

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