The markets opened on weak note on the budget day and plunged in deep red once the Finance Minister started presenting the budget. Sensex and Nifty, however
witnessed significant recovery in the last one hour of trade on the back of good performance of FMCG, bank, pharma and auto stocks. Finally, Sensex and Nifty ended
weak.
It was bad day for the metal, realty. capital goods and oil & gas counters which traded weak through the day. Broader markets were also weak leading to negative breadth.
On the volume front, it was truncated.
http://indian-stock-market-news.blogspot.com/2008/02/markets-end-weak-sh…
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