MARKET WRAP: Sensex up 175 pts; Tata Motors surges 7%, RIL down over 1.5%

All that happened in the markets today

1:40 PM

NEWS ALERT | Will not set any deadline for trade deal with the US: Chinese Foreign Ministry

-- Says, necessary countermeasures must be taken to defend rights & interests & that no one should underestimate their resolve to safeguard China's interests

(As reported by CNBC TV18)

1:38 PM

NEWS ALERT | Future Retail likely to launch 7-eleven stores in India

-- To open 1-2 stores of 2,000 sqft

 

-- Stores to have 40-45% of fresh food, and remaining packaged food in phase-1

1:32 PM

Contribution to Sensex's fall today

1:32 PM

NEWS ALERT | Shilpa Medicare gets EIR from US FDA for Karnataka unit

-- EIR for API manufacturing site located at Raichur, Karnataka

 

Alert: Inspection conducted during July 22-26

 

1:22 PM

NEWS ALERT | Dr. Reddy's Labs launches Bortezomib injection in the US: BSE filing

-- Injection of 3.5 mg/vial for Intravenous use only 

1:14 PM

RIL slumps over 2%, top loser on Sensex

1:12 PM

Nifty Bank slips in the red

1:04 PM

Market check | Nifty slips below 11,950

1:01 PM

NEWS ALERT | Each Bond ETF unit to be priced at Rs 1,000: FM

-- Market maker must have inventory of ETF units worth Rs 1 cr;

-- Bond ETF to comprise bonds of 3 and 10-year maturity as of now: FM;

-- Retail investors will have an option to participate in bond issues via ETF;

-- Bond ETF will be listed on exchanges; 

-- Each unit to be priced at Rs 1,000; 

-- CPSEs and public financial institutions to be part of the ETF;

-- Edelweiss to launch corporate bond ETF;

-- Bond ETF meant to give transparency, depth to bond market and give retail access;

-- Bond ETF post tax becomes an efficient instrument to invest 

12:56 PM

Market check | Indices slip

12:48 PM

NEWS ALERT | Attempting to deepen the bond market in India: FM

-- Have seen good success rate from the two equity ETFs in 2014 & 2017: FM

 

12:46 PM

NEWS ALERT | Cabinet approves creating an umbrella bond exchange traded fund (ETF)

12:45 PM

Larsen & Toubro hits over 3-month low, stock down 11% in one month

Shares of Larsen & Toubro (L&T) hit an over three-month low of Rs 1,287, down 2 per cent on Wednesday, thue falling 3.5 per cent in the past two trading days, after media reports said Maharashtra Chief Minister has ordered a review of all projects/proposals cleared by earlier government in the last six months. READ MORE

12:43 PM

NEWS ALERT | Cabinet clears 6 bills

-- Cabinet approves Citizenship Amendment Bill

-- Cabinet clears Personal Data Protection Bill

12:33 PM

Tata Motors to hike passenger vehicle prices from Jan to offset BSVI impact

Tata Motors on Wednesday said it will increase prices of its passenger vehicles from January, primarily in order to offset impact of upgrading its portfolio to conform to BSVI emission norms.

 

The company currently sells products ranging from hatchback Tiago to SUV Harrier, priced between Rs 4.39 lakh and Rs 16.85 lakh (ex-showroom Delhi). READ MORE