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Nifty slips below 5,500, Coal India, Reliance under pressure

It is widely expected that the Standing Committee will submit its report before the Budget session of Parliament beginning March 12.

Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Markets traded at the day's low, with the benchmark indices falling nearly 0.75% after rising over 2% yesterday. The Sensex was down 132 points at 18,070 while the broader Nifty index declined 40 points to slip below the 5,500 mark at 1145 hours.The broader indices outperformed the benchmark indices in trade. The market breadth was even with over 48% stocks rising on the broader BSE 500 index.Most sectoral indices traded with deep cu...
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