Sensex gains 464 points, Nifty up by 147 points
The BSE Sensex and NSE Nifty continued their post-Budget rally on Wednesday and gained 463.63 points and 146.55 points to settle at 24,242.98 and 7,368.85 respectively, amid positive global cues. Banking stocks witnessed heavy buying on account of the Reserve Bank of India’s easing capital recognition norms for banks, which also supported overall market sentiments.