First five minutes of FM speech: Fertilisers stocks cheer

The FM sticks to some traditionalisms as agricultural nationalism. The shares of fertilisers companies zoomed soon after agriculture related announcements started on the Budget day.

Coromandel International surged more than 5 per cent after fertilisers related announcements coming from Union Budget. Chambal Fertilisers rose 2.79 per cent, National Fertilisers 3.98 per cent and Rashtriya Chemicals & Fertilisers increased 2.33 per cent, Deepak Fertilisers & petrochemicals corporation rose 6.3 per cent on Wednesday.