Sensex opens lower amid caution ahead of GDP data, budget

BSE Sensex trades marginally lower, while the Nifty 50 trades above 11,000.

The benchmark Sensex dropped below the 36,000-mark by falling over 124 points in early session today as participants trimmed positions ahead of the Union budget amid fresh outflow by foreign funds.

BSE Sensex traded lower by 15.41 points, or 0.04%, to 36,018.32. (Reuters)

The 30-share index fell by 124.28 points or 0.34% at 35,909.45 in opening session as consumer durables, capital goods, IT, healthcare and teck stocks dropped.

The index had dropped 249.52 points in the previous session.

The 50-share NSE Nifty was trading lower by 38.95 points, or 0.35% at 11,010.70.

Sentiment turned cautious as investors preferred to reduce their positions ahead of the Union budget to be presented tomorrow.