The Indian market posted fresh closing high on Monday
Mumbai, Jan 29 (IBNS): The Indian market closed at fresh high on Monday even though it erased much of its gain during the closing hour, according to reports.
BSE Sensex was up 232.81 points at 36,283.25 and NSE Nifty was up 60.70 points at 11,130.40.
Top gainers on Monday included Maruti Suzuki, Eicher Motors, HDFC, TCS, Bharti Infratel, Hero Motocorp, Kotak Mahindra and UPL while Dr Reddys Labs, Lupin, GAIL, Bharti Airtel, ITC, BHEL, Yes Bank and HPCL were some of the stocks that declined.
Union Finance Minister Arun Jaitley tabled the Economic Survey of India in the Parliament on Monday, the opening day of the Budget Session.
The Survey has projected GDP growth of 7 to 7.5 per cent in 2018-19, reports said.
The Economic Survey 2017-18 was presented by Union Finance Minister Arun Jaitely on the opening day of the budget sessio
The recent projection by the World Bank shows that the Indian economy is expected to grow at 7.3 per cent in 2018-19. The International Monetary Fund (IMF) gives a growth projection of 7.4 per cent.
The Union Budget will be presented on February 1.
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