The market turned cautious ahead of budget and sell-off in the global markets. Global risk parameters increased despite the US Fed maintaining its supportive policy, due to high speculation in the equity market and likely drop in fiscal & monetary liquidity, in the future. The BSE Sensex ended at 46,874.36, down 535.57 points or 1.13%. The Nifty closed at 13,817.55, down 149.95 or 1.07%.
The market turned cautious ahead of budget and sell-off in the global markets. Global risk parameters increased despite the US Fed maintaining its supportive policy, due to high speculation in the equity market and likely drop in fiscal & monetary liquidity, in the future.
The BSE Sensex ended at 46,874.36, down 535.57 points or 1.13%. The Nifty closed at 13,817.55, down 149.95 or 1.07%.