Nifty breaches 8700, Sensex falls over 150 pts; midcaps drag 1%

The Sensex is down 159.95 points or 0.6 percent at 28061.03, and the Nifty is down 53.80 points or 0.6 percent at 8690.15. About 1224 shares have advanced, 1588 shares declined, and 121 shares are unchanged.

Exclusive: According to CNBC-TV sources, Finance Ministry is likely to present Union Budget on February

Losers: Auto, Bankex, Healthcare and IT indices are struggling while Oil & Gas index is still up 3 percent from previous close. NTPC, Cipla, ICICI Bank, M&M ans Axis Bank are losers.

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