The top gainers from the NSE include IndusInd Bank, Indiabulls Housing Finance, Bharti Infratel, Kotak Mahindra Bank and Bharti Airtel while the top losers are YES Bank, NTPC, Vedanta, TCS and Hindalco Industries.
Following the maiden Budget speech by new Finance Minister Nirmala Sitharaman, the Indian benchmark indices are at the low point of the day with Nifty down 85 points at 11,861 level while the Sensex plunged 255 points and is trading at 39,652 level.
Nifty Metal is down over 2 percent dragged by Hindalco Industries, Coal India, Jindal Steel and Power, SAIL and Vedanta which are down over 3 percent each followed by Tata Steel and NMDC.
Oil & gas are down after imposition of special additional excise duty on petrol & diesel. In the Union Budget 2019-2020, the government has proposed to put special additional excise duty of Re 1 per litre and road cess of Re 1 per litre on petrol and diesel.
The top losers are ONGC, BPCL, Indian Oil Corporation and Reliance Industries.
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