"The markets will remain very volatile ahead of the budget," Aishvarya Dadheech, director and fund manager at Ambit Asset Management said. Analysts also cited fears of a drawdown in financials on the back of a scathing report by Hindenburg Research that raised concerns about the books of Adani companies.reversed a climb. The other group stocks corrected further for the third consecutive session.
rose nearly 5% to a four-month high of 6,040 rupees after its third-quarter earnings beat estimates, while Sun Pharma hovered near an eight-year high ahead of third-quarter results.83.72 billion rupees worth of shares over the last two sessions since Hindenburg's report.
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