Moneycontrol
Last Updated : Feb 28, 2015 02:43 PM IST | Source: Moneycontrol.com

Live Market Updates: Sensex, Nifty weak; FMCG, Infra bleed on Budget proposals

Capital goods, FMCG and Metal indices are under heavy selling pressure. ITC, BHEL, NTPC and Hindalco are major losers in the Sensex.


Moneycontrol Bureau


Selling continues on Dalal Street dragging the Sensex down 140.43 points at 29079.69. The Nifty is down 35.10 points at 8809.50.  About 932 shares have advanced, 1655 shares declined, and 227 shares are unchanged.


Capital goods, FMCG and Metal indices are under heavy selling pressure. ITC, BHEL, NTPC and Hindalco are major losers in the Sensex.


In a television interview, Finance Minister Arun Jaitley has said that the government has increased central spend on infra by Rs 70,000 crore. He also said that the government’s  revenue projections for FY16 is set at 16 percent. Jaitley added that indian states are financially more powerful now.


(Posted by Nasrin Sultana)

First Published on Feb 28, 2015 02:14 pm
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