Union Budget 2023: Sensex Rallies Over 500 Points In Morning Trade

Equity benchmarks surged in morning trade on Wednesday on positive global cues. The 30-share BSE benchmark Sensex soared 549 points to 60,101.71. The broader Nifty gained 153 points to 17,815 point in morning trade ahead of Union Budget 2023-24.

Meanwhile, rupee is trading higher in morning trade as it gained strength. Rupee started on a positive note and surged 12 paise to 81.76 against the US dollar in morning trade on Wednesday ahead of the Union Budget presentation.

Leading companies stocks such as ICICI Bank, Tech Mahindra, Asian Paints, Tata Steel, Kotak Mahindra Bank, HDFC, HDFC Bank, Titan and NTPC surged higher in morning trade.