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Sensex hits over 3-month high after Jaitley unveils budget for recovery

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Reuters
Last Updated : Feb 01 2017 | 3:58 PM IST

REUTERS - Indian shares rose 1.8 percent on Wednesday after Finance Minister Arun Jaitley unveiled a budget with a range of incentives for companies and geared towards boosting infrastructure and developing the rural economy.

The broader NSE Nifty ended up 1.81 percent at 8,716.40, while the benchmark BSE Sensex closed 1.76 percent higher at 28,141.64.

Both indexes earlier hit their highest since Oct. 25, 2016.

(Reporting By Darshana Sankararaman in Bengaluru)

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First Published: Feb 01 2017 | 3:54 PM IST

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