Sensex rises 250 points as Street awaits Union Budget; Nifty above 24,550
Ahead of the Union Budget, Indian equity indices rose with Sensex up 250 points and Nifty50 up 55 points. The government projects 6.5%-7% growth. UltraTech Cement, Suzlon Energy, and Adani Ports gained while HCL Tech fell. Gensol Engineering won a solar project bid. The budget aims to boost job creation and consumption. Sectors like Nifty Auto also rose.