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Share Market Live Budget 2019: Sensex holds gains after Budget 2019 boost; Heromotocorp, Maruti Suzuki zoom

FE Online

Union Budget 2019 Stock Market Live Updates: The benchmark indices Sensex and Nifty are holding on to gains after Budget 2019 announcements provided a major boost to sentiments. The Sensex is up 322 points to 36,578, and the Nifty is trading is trading above the 10,900-mark. Auto stocks Maruti Suzuki and Heromotocorp are the biggest gainers in the Sensex, up more than 7% each. Agriculture and auto stocks got a boost after favourable announcements made for farmers in Budget 2019. Defence stocks gained after Piyush Goyal announced that the Defence Budget for FY20 has been increased to Rs 3 lakh crore.

ICICI Bank, VEDL shares are among the biggest losers in the 30-share index, while Maruti Suzuki and Heromotocorp are holding on to gains from the morning trade.

Meanwhile, the domestic bourses posted a robust rally on Thursday While the Sensex closed 665 points higher at 36,256.69, Nifty closed 1.68% higher at 10,830.95. Tata Motors, Axis Bank shares gained more than 4 per cent each to Rs 722.95, to emerge among the biggest Sensex gainers. Infosys shares gained more than 3.46 per cent to Rs 750.80, while Kotak Mahindra Bank shares are trading 2.5 per cent higher at Rs 1,252.80. We bring to you LIVE updates.