Research Icon- Morning Update For The Day 05 July

Benchmark indices opened moderately higher ahead of Union Budget 2019 to be presented later today.
The BSE Sensex gained 40.35 points at 39,948.41 and the Nifty50 rose 15.10 points to 11,961.90.
Benchmark indices extended gains in early trade with the Sensex reclaiming 40,000 levels for the first time since June 11.

The BSE Sensex gained 104.96 points at 40,013.02 and the Nifty50 rose 28.20 points to 11,975.

The market breadth is in favor of bulls as about 522 shares advanced against 309 declining shares on the BSE.

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