Reuters Market Eye - The Sensex is down 0.41 percent and the Nifty falls 0.54 percent. Tata Motors
Reliance Industries was down 1.57 percent while Infosys was trading 0.8 percent lower at 1:03 p.m.
Shares in DLF Ltd
Dr. Reddy's Laboratories
Bank of America Merrill Lynch downgraded its rating on Dr. Reddy's Laboratories Ltd
With Q3 earnings season almost over, traders speculate over whether the budget would be populist or pragmatic, in the backdrop of increasing deficit.
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(Special Budget 2013 coverage, click http://in.reuters.com/subjects/india-budget-2013)
(Reporting by Abhishek Vishnoi)