Jewellery Stocks are trading high after the announcement of reduction in basic customs duty to 6 percent for Gold and Silver by the Finance Minister in her Budget Speech today.

Domestic Benchmark Indices, Sensex and Nifty trading nearly 1 percent down. Opening flat with the positive Buyers, the Indices witnessed a rise of 0.2 percent before falling. At 1:46 PM, the BSE Sensex lost 559 points, or 0.74 percent and trading at 79942.

Similarly, the NSE Nifty trading 180 points, or 0.7 percent down at 24332.