Sensex, Nifty post best one-month pre-budget rally in 13 yrs
Indian stock markets in January posted their best one-month pre-budget gain in 13 years by gaining about 6% in the month to February 1. The Sensex has gained only eight times in the month leading up to the Budget since 2000. The Economic Survey projected India's economic growth to accelerate to 7.5% in FY18 from the 6.75% in FY17.