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Nifty slips below 4200, Sensex below14500

The frontline index S&P Nifty 50 slipped below 4200 making a low of 4195 against a today`s intraday high of 4479. Its a whooping drop of 290 points in intraday . It was selling from the institutional side on new of budget by FM Pranab Mukarjee.

The budget has clearly targeted the am admi and kisan(farmers). The taders seem to be unhappy with the budget

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  4. Markets making new lows – down 6.5%,Sensex below 14000

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