Finance

Caution ahead of the Union Budget’s presentation, coupled with negative global cues and outflow of foreign funds, subdued Nifty today

Despite foreign funds’ inflow, an appreciation in rupee and hopes of budgetary sops, Nifty slipped as negative global cues subdued investors’ sentiments

Nifty is expected to be volatile as investors look forward to more policy reforms, sops and tax breaks from the Union Budget.

Positive global indices, coupled with rupee appreciation and hopes of budgetary incentives, lifted the Indian equities markets today.