Key benchmark indices trading in rangebound movement. The BSE Sensex trading at 27649.63 down 6 points (-0.02%) and NSE Nifty at 8558.80 down 3 points(-0.02%).
The Market breadth indicating the overall health of the market is positive .On NSE there are 29 shares in advance where 22 shares in decline. Total Unchanged 0 share.
Grasim, Adaniports, Bankbaroda, HDFC and Tatamtrdvr are gainers while Idea, TCS, Infy, Techm and Auropharma are losers in the Sensex.
Finance Minister Arun Jaitley will present the Union Budget 2017-18 today, 1 February 2017. F Railway Budget will be announced along with the Union Budget. Railways stocks down 3-4% down.
The Indian rupee opened higher at 67.62 on Wednesday as previous close of 67.86 against the US Dollar.