Indian markets extended their gains on Wednesday's at the opening bell as investors cheered the Union Budget 2022 which met the street's expectations and positive global cues. The correction and the recent rally were, in fact, reactions to global market cues. FII sharply trimming their selling to just Rs 21.79 crore helped the Budget rally and DII inflow of Rs 1,597.70 crore was recorded. But FIIs are likely to sell the rallies again since they consider Indian valuations excessive. 

The use of Kisan drones for crop assessments, land records, spraying of insecticides is expected to drive a wave of technology in the Agri & farming sector, FM announced. 

The Union Budget with its big tech push and capex thrust has used the fiscal space arising out of buoyant tax collections to spur growth and revive private capex. 

List of the futures contracts that are generating the highest as well as the lowest returns for the day.

On Monday, the frontline equity indices, i.e., Sensex and Nifty ended on a higher note, a day before the announcement of the Union Budget 2022. 

At close, the Sensex was up by 813.94 points or 1.42 per cent at 58,014.17 and the Nifty was up by 237.90 points or 1.39 per cent at 17,339.85. 

The core equity indices i.e., Sensex and Nifty 50 were seen recovering their previous levels. The Sensex was at 58,188 up by 988 points or 1.67 per cent, while Nifty was at 17,380.50 up by 278.55 points or 1.63 per cent from the last trading session.   

The Indian Indices experienced bullish trading today. The benchmark indices at BSE and NSE soared by over 1.23 per cent and 1.38 per cent, respectively. The BSE Realty and Basic Material and Information Technology sector were the most profitable, up by more than 2.50 per cent each. Today the FII net selloff was recorded at Rs -6,266.75 crore and DII inflow Rs 2,881.32 crore was recorded.

List of the futures contracts that are generating the highest as well as the lowest returns for the day.

List of the futures contracts that are generating the highest as well as the lowest returns for the day.

The Indian market ended the day in the green territory after witnessing the worst fall in yesterday's trading session. The BSE Sensex gained by 0.64 per cent to close at 57,858.15. Similarly, the BSE MidCap also jumped by 246 points to a level of 24,245 points i.e. up by 1.03 per cent. The BSE SmallCap index also rose by 231 points and landed at 28,869 levels up by 0.81 per cent.