The 30 share benchmark Sensex ended 368.84 points down at 35656.70 on Monday while Nifty ended 119 points lower at 10661.50 as ICICI Bank and Yes Bank fell nearly 4% while Bajaj Auto, SBI, Bajaj Finance and Sun Pharma declined over 2%.
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Besides the third quarter results which are dampening market sentiment, investors are adopting a wait-and-watch approach to the budget, which will be presented on February 1 in the Parliament. It is likely to be Vote on Account.
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