Key benchmark indices under pressure ahead of union budget to be presented on Feb 1st. The BSE Sensex trading at 27727.93 down 124.76 points (-0.45%) and NSE Nifty at 8590.60 down 42.15 points(-0.47%).
The Market breadth indicating the overall health of the market is negative .On NSE there are 20 shares in advance where 31 shares in decline. Total Unchanged 0 share.
IDEA, ONGC, BHEL, Tatasteel and Powergrid are gainers while Infratel, Coal India, Gail, Grasim and Infy are losers in the Sensex.
Market may expect huge volatility during the day as government all set to reveal Economic Survey 2017.The survey will put out economic growth forecasts.
The Indian rupee opened higher at 67.84 on Tuesday as previous close of 67.95 against the US Dollar.