Overall shares of Indian market witnessed declines to over 3% today post-interim budget presentation that did not live up to expectations of investors.

Majority of the Indian banking stocks trades on a low note since morning due to vagueness from the US Treasury Secretary on refurbish salvage plan for economic institutions.

Markets have dropped due to revised selling. Feeble cues from the European markets have also weakened the sentiments on Dalal Street.

The BSE Sensex has witnessed profits and is presently at 97 points.

Indian shares profited by 2% today, driven by Reliance Industries and ICICI Bank in line with Asian markets that were high in anticipation of a US incentive to revitalize the world’s biggest financial system.

Bulls continue to rule in the afternoon trades as all round buying in stocks across the sectors lifts the key indices higher.

ICICI Bank presently trades at Rs 462.05 up by 13.70 points or 3.06% from its previous closing of Rs 448.35 on the BSE.

ICICI Bank is presently trading at Rs 444.80 up by 4.05 points or 0.92% from its earlier closing of Rs 440.75 on the BSE.

Markets have turned unstable and have revived from their day’s lows with stocks like Reliance Industries, ICICI Bank, ITC and RCom leading the recovery. Barring the BSE oil & gas, BSE Pharma and BSE FMCG index all the other sectors are on the lower side.

Markets have picked up after the afternoon trades dismissing feeble signals from the equity markets across. The FTSE and the CAC index have dipped from their day’s high’s slipping over a percent.