Mumbai: The market ended with style making some smart moves. The Sensex ended up 359.25 points or 1.4 per cent at 26840.50, and the Nifty was 102.05 points or 1.3 per cent at 8124.45.
About 1705 shares advanced, 949 shares declined, and 151 shares were unchanged. BHEL, Wipro, Bajaj Auto, Reliance and L&T were top gainers in the Sensex.
The government approved Rs 4,720.92 crore highways projects in Madhya Pradesh and Telangana under its flagship highways building programme NHDP.
Both the projects were approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, an official statement said.
The CCEA "has given its approval for development of the four laning of the Guna-Biaora and Biaora-Dewas section of National Highway- 3 in Madhya Pradesh with an estimate cost of Rs 2,815.69 crore", the statement said.
This will be done under the National Highways Development Project (NHDP) Phase-IV in Design, Build, Finance, Operate and Transfer (DBFOT) basis in BOT (Toll) mode.
The statement said the cost is estimated to be Rs 1,081.9 crore for Guna-Biaora including land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 93.5 kms.
Comments
0 comment