The market seems to be cheering up Macro Economic Survey. The Sensex is up 160.54 points or 0.7 percent at 23136.54, and the Nifty up 51.10 points or 0.7 percent at 7021.70. About 901 shares have advanced, 1333 shares declined, and 147 shares are unchanged.
SBI, Coal India, Axis Bank, L&T and NTPC are top gainers while Bajaj Auto, Hero MotoCorp, Bharti Airtel and Lupin and Gail are top losers in the Sensex.
Indian stocks are relatively resilient despite volatility in the worldwide financial markets and the country can become a leading investment destination going ahead, the Economic Survey said today.
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