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Dalal Street investors were left richer by Rs 2.24 lakh crore as the market capitalisation of all BSE-listed companies rose to Rs 272.47 lakh crore.

"Higher government focus on building infrastructure including roads, airports, ports, bridges and other hard structures will increase overall cement demand. Increased allocation of funds to government schemes like Pradhan Mantri Awas Yojna will enhance cement consumption further," Axis Securities said.

Finance Minister Nirmala Sitharaman said the government aims to gross borrow 15.43 trillion rupees ($188.64 billion) through the sale of bonds in 2023-24, while keeping the net borrowing at 11.80 trillion rupees.The government aims to maintain fiscal deficit at 5.9% of the gross domestic product in the next financial year and retained the target at 6.4% for this year.

The Relative Strength Index of the stock stood at 31.5 on Wednesday.

The Nifty Bank index surged 3% to 41865.75. Shares of Axis Bank, Bandhan Bank, HDFC Bank, IndusInd Bank, Kotak Mahindra Bank, and ICICI Bank rose between 1-4% each.

Greenpanel Industries, incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 3898.94 Crore) operating in Building Materials sector.

A total of 114,978 shares changed hands on the counter till 01:32PM (IST)

The short-sellers may be running away but the most important thing is how the FIIs will react and from where they are going to get the stocks, says market veteran Vijay Kedia after announcement of the Budget 2023 by finance minister Nirmala Sitharaman

This paper is likely to witness a strong demand and lower cutoffs compared with the prevailing 10-year yield, and the yield curve typically moves in alignment with the change in the 10-year bond yield, traders said.

The consensus recommendation from 15 analysts for Indian Hotels is a buy. Out of the 15 analysts covering the stock, 11 analysts have strong buy and buy ratings, while three analysts have hold ratings, and the remaining one has a strong sell rating.