Analysts expect that the overall focus will continue on the growth agenda through higher capex allocation that will accelerate the investment cycle and employment.
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The Indian rupee on Wednesday opened marginally higher against the US dollar ahead of the Union Budget that will start after 11am.
The currency opened at 81.78 to a dollar and touched a high and a low of 81.76 and 81.80. At 9.10am, the home currency was trading at 81.77, up 0.15 percent from its previous close of 81.9238.
The 10-year bond yield was trading at 7.347 percent flat from its previous close of 7.344 percent. Bond yield and prices move in opposite directions.
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