Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Thursday. While BSE Sensex was near 78,580, Nifty50 was above 23,750.

In currency markets, the Indian rupee hit a fresh low of 87.5 against the dollar, as expectations of a rate cut grew ahead of the RBI's interest rate decision later this week, analysts pointed out

Markets fluctuated immensely due to the presentation of the Union Budget, showing massive gains initially which slowed down as the Budget was revealed