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Markets Open Higher Ahead Of Union Budget 2019; Sensex Hits 40000 Levels

Roshni Agarwal

The benchmark indices opened in the green ahead of the crucial Union Budget announcement by Nirmala Sitharaman today.

The benchmark BSE 50 index Sensex traded tad higher by 0.19% or 73.88 at 39981.94 while Nifty gained 0.21% or 24.55 at 11,971.30 In the early trade, Sensex hits the 40,000 level and was seen trading at 40009.66

The Economic Survey unveiled yesterday projected economic growth of the country to rebound from a five-year low to 7% in the FY20.

Yes Bank trades lower by over 2% and made an intra-day low of Rs. 93.75 after the bank invoked 9.5% of pledged promoter shares of Eveready Industries India, post the loan default

Meanwhile Asian markets traded near two-month high On Thursday, US markets were closed due to a public holiday

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