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On Budget day, Sensex opens 530 pts high at 58,544, Nifty trades at 17,480

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On Budget day, Sensex opens 530 pts high at 58,544, Nifty trades at 17,480

Sensex surged more than 600 points in opening trade on Tuesday, with Nifty up 159 points ahead of parliament’s presentation of the 2022-23 Union Budget.

The 30-share Sensex added 603.39 points or 1.04% to 58,617.56 and the broader Nifty added 159.25 points or 0.92% to 17,499.10.

IndusInd Bank was the biggest gainer in the Sensex sector, up 2.45%, followed by ICICI Bank, HDFC twins, Sun Pharma, Infosys, Kotak Bank and Bajaj Finserv.

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Of the 30 Sensex constituents, 28 stocks trade in green. ITC and PowerGrid are laggards.

Finance Minister Nirmala Sitharaman will table the 2022-23 federal budget in Parliament on Tuesday.

In the previous session, the 30-share BSE index closed up 813.94 points, or 1.42%, at 58,014.17. Likewise, the broader NSE Nifty was up 237.90 points or 1.39 per cent at 17,339.85.

On Monday, the Economic Survey reported that India’s economy is expected to grow by 8-8.5% in the fiscal year beginning April 1 and is well-positioned to meet future challenges on the back of widespread vaccine coverage, supply-side reforms and deregulation.

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Meanwhile, India’s economy contracted by 6.6% in 2020-21, compared with a previous estimate of a 7.3% contraction, suggesting that the economic performance of the economy hit by the coronavirus pandemic is not as bad as initially thought.

Output in eight infrastructure sectors rose 3.8% in December 2021, after contracting 0.4% in the same month last year, as coal, cement and refined products fared better, according to official data released on Monday.

“The Indian government’s fiscal position remains strong, with figures for the first nine months of this fiscal showing that the budget deficit has only been used up by half.

“The fiscal deficit stood at 50.4% in April-December 2022, compared to 145.5% last year. Stronger tax and non-tax revenue helped the government stabilize the budget,” said Deepak Jasani, head of retail research at HDFC Securities.

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On Tuesday, Asian shares took advantage of the tailwinds of a U.S. technology-led rally driven by bargain hunters betting that this year’s stock market rout will subside. Several Asian markets, including China and South Korea, were closed for the Lunar New Year holiday, he added.

The American Stock Exchange closed on a positive note in overnight trading.

Meanwhile, Brent crude, the international oil benchmark, rose 1.31% to $91.21 a barrel.

Foreign institutional investors remained net sellers in the domestic capital market, withdrew Rs 3,624.48 crore on Monday, according to provisional data.

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Complete News Source : Hindustan Times

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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