Sensex and Nifty halted a four-day fall on Thursday as the US Federal Reserve left interest rates unchanged. Sensex ended 665.44 points higher at 36,256.69, while the Nifty settled at 10,830.95, up 179.15 points.
The gains a day ahead of the Interim Budget 2019 were led by energy, IT and banking stocks.
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Analysts feel investors are bullish ahead of the Budget on Friday.
“I think there is an expectation of concession and swaps for markets and retail investors. I think the budget is going to be positive for the masses,” news agency Reuters quoted RK Gupta, managing director, Taurus Asset Management, as saying. However, he expect the markets to remain highly volatile until June.