Key Indian equity indices trading weak ahead of budget

New Delhi, Feb 29 (IANS) In line with their Asian peers, key Indian equity market indices were trading weak on Monday just ahead of the national budget due at 11 am, with the investors expecting nothing major from Finance Minister Arun Jaitley to the cheer their mood.

As against the previous close at 23,154.30 points, the sensitive index (Sensex) of the BSE opened at 23,238.50 points. Soon after, it was trading at 23,129.21 points, with a loss of 25.09 points, or 0.11 percent.

At the NSE, the 50-share Nifty was trading at 7,019.80 points, down 9.95 points, ot 0.14 percent.

Within the Sensex basket, 17 shares were down, while the remaining 13 posted some gains, while in the case of Nifty, 27 were in the red, 22 advanced, while one share remained unchanged.

All eyes were on Finance Minister Jaitley, as he reached his North Block office in the morning, before his scheduled departure for Parliament House to present the nexy fiscal’s budget in the Lok Sabha.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here