Sensex ends moderately lower in volatile trade

Mumbai, Feb 24 (PTI) The Bombay Stock Exchange benchmark
Sensex snapped two days of gains to end the day lower by 30
points with investors keeping fingers crossed ahead of the
General Budget on Friday.

The 30-share index settled at 16,255.97 points, a loss of
30.35 points over the previous close.
The wide-based National Stock Exchange index Nifty lost
11.45 points to close at 4,858.60 points.
India's Railways Minister Mamata Banerjee keeping freight
rates unchanged in the rail budget did not enthuse investors
much as they keenly awaiting the General Budget, marketmen
said.
Investors surrendered their holdings in railway related
stocks created in early trade, they added.
Brokers said Mamata keeping freight and passenger fares
unchanged has led to speculations that stimulus packages would
be withdrawn in the General Budget.
Among the 30 Sensex stocks, 19 closed with losses led by
Tata Steel, while 11 ended with gains. (MORE) PTI RS
MRD


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