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Stocks rally on hopes of pro-growth budget
Hindustan Times Ranchi
|February 01, 2025
Sensex ended 0.97% higher at 77,500.57, while Nifty rose 1.11% to 23,508.40 points
MUMBAI: Benchmark Sensex jumped 741 points while Nifty rallied to close above 23,500 on Friday on heavy buying in Larsen & Toubro post its Q3 results and the Economic Survey predicting a pro-growth budget.
Rallying for the fourth day running, the 30-share BSE Sensex ended 740.76 points or 0.97% higher at 77,500.57. During the day, it jumped 846.15 points or 1.10% to 77,605.96.
The NSE Nifty rallied 258.90 points or 1.11% to 23,508.40. During the day, it climbed 297.3 points or 1.27% to 23,546.80.
India is expected to record GDP growth of 6.3-6.8% in 2025-26 on the back of strong fundamentals, calibrated fiscal consolidation and stable private consumption, said the Economic Survey tabled in Parliament on Friday.
This story is from the February 01, 2025 edition of Hindustan Times Ranchi.
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