1. Economic Survey (2008-09) has been upbeat and that is the reason Indian stock market is also appearing to be upbeat ahead of budget.
2. Mixed global cues ensured that the Indian Stock market sees a volatile session ahead of budget.
3. F&O expiry and Economic Survey announcement marked the day.
4. Sensex ended the day at 17,824, down just 1.5 points from the previous close and Nifty at 5285, up 16 points and thus one is seeing divergence in both Nifty and Sensex.
5. CNX Midcap and BSE Smallcap indices closed flat.
6. Auto, healthcare and metal stocks attracted significant buying interest, while realty stocks witnessed profit booking. Is this a pointer to the budget and I leave the same to the readers.
7. Top Sensex gainers included Hindalco, Bajaj Auto and HDFC, while losers included DLF, SBI and Reliance Industries.
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