Ones Again stocks continuing to reel under pressure, key indices Sensex and the Nifty are headed for another weak close onward of a big event Rail Budget 2016 taking place today although losses are likely to be less pronounced than in the last two sessions.

The economy in India tumbling as Rail Budget fails to lift market, PSU banks are being crushed under their bad loans and taxes are increasing For any emerging economy, these are negative signals and FIIs have been steadily withdrawing money from these markets.