Wagon makers fall; rail budget seen lacking spark

Reuters Market Eye - Shares of wagon manufacturers extend falls after the 2013/14 railway budget unveiled by the government was seen as lacking big announcements or projects.

Texmaco Rail and Engineering Ltd falls 4.5 percent, while Titagarh Wagons Ltd is down 6.7 percent.

Kalindee Rail Nirman Engineers Ltd slumps 8.4 percent, while BEML Ltd is down 2.2 percent.

(Reporting by Abhishek Vishnoi)