Why markets liked the Budget? Here's what top brokerages say

Morgan Stanley has raised its 2021-end Sensex target to 55,000 from 50,000, which means a potential gain of 10% from current levels. The Sensex has surged 7.6% in the last two sessions and Nifty has gained 7.4%, recovering nearly all of the losses from the previous six sessions, due to relief over no new taxes and the government’s push for growth.

from Markets-Economic Times https://ift.tt/3oCZqri