Sensex jumps 640 points, Nifty nears 17,800 level

Mumbai: Equity benchmarks Sensex and Nifty gained momentum in morning trade on Wednesday as Finance Minister Nirmala Sitharaman presented the Budget in the Lok Sabha.

The 30-share BSE benchmark Sensex jumped 640.01 points to touch an intra-day high of 60,189.91 points. The Sensex was later



trading 516.35 points or 0.87 per cent higher at 60,066.25. The broader NSE Nifty climbed 137.35 points or 0.78 per cent to 17,799.50 points.

Market analysts are keenly watching the government's fiscal consolidation path in the Union Budget 2023-24.