Market Live: Positive momentum continues, Nifty up 100 points; Tech M, Zee Ent rise 6% moneycontrol.com

"Rupee is expected to come under pressure as crude oil prices are rising gradually. The market is nervous on fear of fiscal slippages due to series of welfare schemes announced in the budget. Pre-election spending is also expected to rise. The focus will now shift to the RBI monetary policy meeting. Overall, the rupee is expected to trade in 71.00 and 72.00 range in the short term with currency maintaining depreciation trend," said Rushabh Maru, Research Analyst at Anand Rathi Shares and Stock Brokers.