Markets get cautious ahead of Rail budget, Rail, IT stocks fall

The Markets are trading lower after profit booking and apprehension over the Railway budget to be presented today, the first major policy document of the NDA government. Railway related stocks and IT stocks are leading the fall. Sensex is down by about 40 points while Nifty is down by over 16 points currently. Titagarh, Kernex, Texmaco are the fallen railway related shares, Sesa Sterlite, M&M, Coal India and Maruti suzuki are also trading low.

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