Market gains 348 poitns

Thebullishtrends: Today BSE Sensex closed with a gain of 348 points and closed at 18,115 points ahead of Union Budget and positive global cues. Economists are expecting 9% growth rate inspite of global weak trend. Market sources are expecting some sops for the Industry sector in the coming budget. Investors are looking for further announcements from US Federal Reserve.
All most 90% of companies announced positive results for the Q3. Markets are not performing well due to the continue selling pressure from FIIs. As per the latest reports the Government has now decided to check the interest rates to control the inflation. As few days ago the Government has asked the RBI to cut it's interest rates to control the inflation. It is a key issue right now to decide the market trend in the coming days.