''Indian markets are expected to open flat on the muted trend seen in the Asian markets. IIP data and Infosys’ results would be in focus today. The Union Budget highlighted the structural reforms, which would be positive for markets in the medium term,'' said ICICIdirect.

''Domestic markets were range bound during the trading session on account of the Union Budget announcements and finally closed negative on account of negative global cues,'' it added.

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