Interim Budget 2019 market updates: Interim Finance Minister Piyush Goyal has taken centrestage to present the interim budget 2019. Benchmark indices – Sensex and Nifty – have extended gains since morning. Market watchers say that early morning market sentiment due to budget announcements and strong foreign inflows. While BSE Sensex went up by 191.61 points in the morning to 36,448.30, NSE Nifty rose by 57.1 points to 10,888.5. Markets are expected to react significantly to Piyush Goyal’s budget presentation, which is likely to focus on the farm sector. Track this space for latest market reactions
Almost 3 lakh crore has already been recovered in favour of banks and creditors: FM Goyal During his budget speech, Piyush Goyal said almost 3 lakh crore has already been recovered in favour of banks and creditors. This is expected to have an effect on banking stocks, a majority of which has been rallying since the morning. The finance minister also said that the current account deficit (CAD) is expected to be 2.5 per cent this year.