After registering a positive opening today, market benchmarks failed to hold the gains as investors stayed on the sidelines awaiting the Union Budget.
Consolidated margins came in at 11.30 per cent against analysts estimates of 11.10 per cent.
GAIL's push for the creation of infrastructure is in line with Modi's vision of creating a gas-based economy.
At the interbank foreign exchange market, the local currency opened on a positive note at 71.17. During the day, it saw a high of 71.16 and a low of 71.24.
The coal imports by NTPC also rose six fold to 1.9 million tonnes in first nine months of this fiscal from 0.32 million tonnes.
On the asset quality front, the Mumbai-based bank reported gross non-performing assets at Rs 30,073 crore for the recently concluded quarter. This was up 3.4 per cent QoQ