Friday 19 February 2016

Live Share Market Overview

Sensex shuts 60 Points up from 23, 709, Effective settles preceding 7, 2 hundred; Fortis Professional medical, PNB achieve
The BSE Sensex and NSE Effective opened in red with Friday due to weak worldwide markets. 

The BSE Sensex and NSE Nifty swung between gains and losses on Friday and finally concluded the session in green. Sensex closed 59.93 points up at 23,709.15, while Nifty settled 19 points up at 7,210.75.
Meanwhile, Nomura said the Union Budget 2016 to be positive and expansionary for growth. The fiscal consolidation process over the past couple of years has entailed lower subsidies, expenditure cuts, not allowing pass-through of windfall oil gains and reduced central support to various schemes. This has adversely affected growth. The 2016 budget will be a better budget from this perspective. The government will present its budget on 29 February.


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