Live Market Updates: Sensex, Nifty open flat following global cues; SBI up -- 29 Feb 2016

The Sensex is soon down 41.01 points or 0.2 percent at 23113.29, and the Nifty is down 18.55 points or 0.3 percent at 7011.20. 

                                     

 The market has opened in green but quickly slips into red on crucial Budget day. The Sensex is up 67.00 points or 0.3 percent at 23221.30, and the Nifty is up 20.70 points or 0.3 percent at 7050.45. About 304 shares have advanced, 95 shares declined, and 43 shares are unchanged. The Sensex is soon down 41.01 points or 0.2 percent at 23113.29, and the Nifty is down 18.55 points or 0.3 percent at 7011.20. 

Coal India, SBI, ONGC, Axis Bank, GAIL are top gainers while Cipla, ITC, BHEL, Lupin and Asian Ports are losers in the Sensex.

The Indian rupee opened lower by 9 paise at 68.69 per dollar on Monday versus 68.60 Friday. Chief Economic Advisor Arvind Subramanian today said there is more scope for lowering of interest rates by the RBI as inflation is under control.

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