Money on the markets
A maturing market amid the mayhem
The budget failed to deliver on investor expectations of a stimulus plan for sectors such as autos and construction, while announcing that spending was likely to increase later in the year. For complete coverage of Interim Budget 2009/10, click here.
The BSE Sensex dropped 3.4 percent to close at 9305, while the Nifty index closed 3.3 pct lower.
Index heavyweights Reliance Industries and ICICI Bank, which ended lower by over 5 percent, dragged the benchmark lower.
The coalition government, which faces general elections by May, is likely to focus on measures to shore up the flagging economy and stem job losses in the interim budget.