The Sensex added 100 points ahead of Union Budget 2011-12 today, supported by financial, oil & gas, infrastructure, technology and metal companies' shares. However, auto and cement companies' shares were seeing selling pressure.
The 30-share BSE Sensex was trading at 17,807, up 107 points and the 50-share NSE Nifty gained 36 points at 5,339.
The breadth was positive - about 820 shares advanced while 272 shares declined on National Stock Exchange.
Experts were expecting some news on banking license, FDI in retail and fertiliser subsidy.
National Fertilisers, IVRCL Infra, IDFC, Pantaloon Retail and LIC Housing Finance were on buyers' radar.
The 30-share BSE Sensex was trading at 17,807, up 107 points and the 50-share NSE Nifty gained 36 points at 5,339.
The breadth was positive - about 820 shares advanced while 272 shares declined on National Stock Exchange.
Experts were expecting some news on banking license, FDI in retail and fertiliser subsidy.
National Fertilisers, IVRCL Infra, IDFC, Pantaloon Retail and LIC Housing Finance were on buyers' radar.
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