Bajaj Finance was the top gainer in the Sensex pack, rising over 3 per cent, followed by Tata Steel, HDFC Bank, HUL, ICICI Bank and Infosys.
Rising prices reflect growing economic activity after last year's global shutdown to fight the coronavirus pandemic.
The 30-share BSE Sensex gained momentum in late-afternoon trade to close 660.68 points or 1.38 percent higher at 48,544.06.
This will clear the canal and allow movement on the busiest waterway in the world. Crude prices fell after rising 4 per cent over the last few days as the blockage was causing $ 9 billion of trade loss every day.
She said the Budget, which was presented in Parliament on February 1, has set the tone for greater play of the private sector, gave space for entrepreneurship
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