Indian Stock Market Closing News Update

The market tumbled on first day of crucial Budget week. The Sensex slumped 256.30 points or 0.9 percent at 28975.11, and the Nifty slipped 78.65 points or 0.9 percent at 8754.95. About 1201 shares advanced, 1707 shares declined and 209 shares were unchanged.

Reliance fell 3 percent while GAIL, SBI, Tata Steel and Axis Bank were among the laggards in the Sensex. Among the gainers were M&M, TCS, Sesa Sterlite and NTPC.
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