labels: economy - general, railways
Market welcomes rail budgetnews
06 July 2004


Mumbai: The stock market rose in the afternoon after the railway budget made no hike in freight rate or passenger fares. Steel shares rose sharply on fresh buying.

The Sensex opened marginally higher at 4846.42 and later surged after the Railway budget announced made no hike in freight rates.

The BSE Benchmark 30-share Index opened up at 4846.42 as against yesterday's close of 4843.77.


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Market welcomes rail budget