Sensex crosses 29500, Nifty close to 8950 - 2 March 2015

Budget Day rally is still intact in the market. Sensex 29500 is exceeded, the Nifty seems close to 89 500. Sensex and Nifty have gained 0.5 per cent.

Midcap and smallcap stocks buying trends. The capital goods, bank stocks and strong buying power in the market is seeing growth. Dyurebls and selling FMCG stocks dominate the consumer.

The BSE 30-share index Sensex 142 points per head with 0.5 per cent is trading at 29 503. The NSE Nifty 50-share index 45 points per head with 0.5 per cent growth is trading at 8947 levels.

Axis Bank during market trading, Ambuja Cement, BHEL, Ultratech Cement, ACC, L & T, NTPC and ICICI Bank have gained legendary shares from 3.5 to 1.2 per cent. However JSPL, ITC, Gail, Bank of Baroda, Sesa Sterlite, Hero Moto giants like Wipro shares from 3.3 to 0.1 per cent recorded Girat.