The Sensex opened down 105 points at 14,553, on
weak cues from US and Asian markets. The index
slipped to a low of 14,500 but soon recovered.
Thereafter, the index was range bound for most part
of the trading day. The Sensex soared on hopes of
more positives from the Union Budget and touched a high of 14,946, up 446
points from the day's low. The Economic Survey and the Railway Budget have
been mostly positive; hence market players are now optimistic over the
forthcoming Budget. The market breadth was marginally positive - out of 2,686
stocks traded, 1,341 advanced while 1,263 declined.
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