''Indian markets are expected to open positive as the first NDA budget was balanced between growth and fiscal prudence. Though the fiscal roadmap has been stretched by a year, incremental spending in infrastructure is positive,'' said ICICIdirect.
Domestic markets ended positive as traders after analysing the Union Budget's impacts, went for selective buying taking the markets to a respectable high
On Friday, US markets ended negative partly reflecting profit taking following recent market strength, along with a slew of US economic data including downward revision to the pace of economic growth in the fourth quarter.
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