💨 Abstract

Indian infrastructure and cement stocks fell in a special trading session on Saturday, following disappointment over the 'modest' hike in capital spending announced in the annual budget. The infrastructure index closed 1% lower, with sector bellwether Larsen & Toubro ending 3.4% lower. Shares of cement makers such as UltraTech, Ambuja Cements, and Shree Cement also fell, due to worries about slow demand recovery.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖