The market is cautious ahead of Budget speech by Finance Minister Arun Jaitley at 11 am. The Sensex is up 13.26 points at 27669.22 and the Nifty is up 4.45 points at 8565.75. About 948 shares have advanced, 790 shares declined, and 150 shares are unchanged.
Aviation stocks are declinining as IOC has hiked Jet fuel prices by 2.9 percent or Rs 1539 Kl. Jet Airways and SpiceJet are down 2-5 percent.
Adani Ports, SBI, Asian Paints, HDFC and Tata Motors are top gainers while TCS, Infosys, Wipro, NTPC and Bajaj Auto are losers in the Sensex.
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