Sensex Nifty sluggish before Budget

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New Delhi: The Sensex is up 35.52 points at 25480.33, and the Nifty is up 1.50 points at 7586.50. About 592 shares have advanced, 705 shares declined, and 42 shares are unchanged.

The Sensex is up 35.52 points at 25480.33, and the Nifty is up 1.50 points at 7586.50. About 592 shares have advanced, 705 shares declined, and 42 shares are unchanged.

Finance Minister Arun Jaitley may take some bold decisions and pursue path of fiscal prudence to revive economy. All eyes will be on the fiscal deficit number, FY15 Budget estimate for fiscal deficit is at 4.1%, however the market is expecting it around 4.4%.  

But the bigger question is will the government stick to 4.1% fiscal deficit target or revise it.

 

 

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