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The 30-share pack Sensex dropped 581.21 points or 1 per cent to 57,276.94. Its broader peer Nifty50 tanked 167.8 points or 0.97 per cent to 17,110.15. The broader markets plunged as BSE midcap and smallcap indices shed a per cent each.

“As India’s economy goes towards $10 trillion, look at companies which can grow their earnings by 10 times.”

A Hammer has bullish connotation, provided the market witnesses a follow through buying in the next session

“We have contracted the fiscal deficit quite substantially this year, but next year we might not have the legs to bring it down in the same manner.”

"The engine has features that enable users to execute and track the trade in a single click and is equipped with a precise target and stop-loss to help the investors time their entry and exit," the statement said.

According to Phillip Capital, the fast-moving consumer goods major is likely to report a profit after tax of Rs 363.2 crore in October-December, down 0.3 per cent sequentially and 33.5 per cent on-year.

Income from continuing operations rose to Rs 853.89 crore in the third quarter as against Rs 764.02 crore in the October-December period of the previous fiscal, Wockhardt said in a regulatory filing.

Revenue from operations was at Rs 2,275.66, up 50.39 per cent from Rs 1,513.16 crore in the year-ago quarter.

Analysts at Sharekhan said L&T is expected to see muted net earnings on account of pressure on margins and lower other income year-on-year (YoY). The weak performance from L&T will also drag down the performance of the entire sector.

Nowadays, the real expectations from the Budget are low, rather high only on paper. And it is further low when key states or national elections are scheduled. This time, the expectations look upgraded on media given the aura of the reformist government.