Market trades in green with hopes for the maiden budget by Modi Sarkar. Nifty at record-high 7787.
Nifty, gains 16 points with 28 advances and 22 declines. Sensex, gains 75 points with 18 advances and 12 declines. IT index gains more than 1% and Bank Index loses 1%.
Its an week full of events
July 8 – Railway budget
July 9 – Economic survey by Finance Ministry
July 10 – Union Budget
July 11 – Infosys Q1 results
Kotak Mahindra bank has lost more 3%. HPCL and BPCL have also lost more than 2%.
The 42-day-long Budget Session of Parliament begins today.
Reliance Communication raises after FTSE raising the weightage on the index.