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The auction of the 5G spectrum in the new fiscal put the telecom services providers, related players and the optical fibre stocks at the sweet spot. Vodafone Idea gained 5 per cent, whereas Reliance Industries and Bharti Airtel were up by a per cent each. MNTL and RCOM were also trading in the green.

In an out of turn event, the government’s gross borrowings for FY23 came up to Rs 14.95 lakh crore, much higher than the average market consensus.

At the interbank foreign exchange, the rupee opened at 74.53 against the American dollar, then inched higher to quote 74.41 in early trade. Later, the local unit pared the gains and touched an early low of 74.87 against the greenback.

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GIC Housing Finance on Monday reported a 25.5 per cent increase in its standalone net profit at Rs 76.53 crore in the quarter ended December 2021.

Bond yields skyrocketed with yield on the 10-year benchmark 6.54 per cent 2032 paper surging 16 basis points to 6.84 per cent

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In her Budget speech, the FM said "one product, one railway station" will be popularised and that 400 new Vande Bharat trains to be introduced

Analysts at ICICI Securities also said Rs 60,000 crore allocated for Jal se Nal Yojna will be beneficial for infrastructure sector and pipe manufacturers

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In a boost to affordable housing, FM announced Rs 48,000 crore towards the Affordable Housing Scheme (PMAY). The real estate sector was further eyeing sops

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Promoters held 54.8 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 24.85 per cent and 11.41 per cent, respectively.

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Digital currency will lead to a more efficient and cheaper currency management system, the Finance Minister said during her budget speech in Parliament

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