Nifty marks 1-1/2 week closing low ahead of budget

MUMBAI (Reuters) - The Nifty marked a 1-1/2 week closing low on Wednesday, continuing to retreat from the record high hit in the previous session, as investors pared positions in blue-chips such as Tata Motors ahead of the budget.

Tata Motors provisionally fell 3.2 percent while Tata Consultancy Services ended lower 2 percent.

The Nifty ended 0.5 percent lower, its lowest close since June 30 and its first close below the technically important 20-day moving average since June 27, while the Sensex closed 0.6 percent lower.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)