Morning Market View- BUDGET DAY:

The budget day is definitely the crucial day for the financial markets but it is not the last day of trading. So, if you are a trader then keep less positions with proper risk management and planning and avoid taking any extra leverage. On the other hand, investors are already under the hammer of the bears amid global turmoil from last few days but this is a golden opportunity for the investors to accumulate quality stocks at decent valuations. Apart from the investment theme, investors should assess the beta of their existing portfolio and do proper risk management ahead of the budget day. Traders should hold less positions and should have proper hedge of the same to avoid any major blow to the trading capital.