Getty ImagesOriental Trimex(up 3.94%) were among the top gainers.
Ashapura Minechem(down 3.49%), Lexus Granito(down 2.45%), NMDC Ltd(down 2.44%), Gujarat Mineral Dvpt Corporation(down 2.04%), Pokarna(down 1.95%), 20 Microns(down 1.94%), Aro Granite Industries(down 1.62%), Orissa Minerals Development Company(down 1.52%), KIOCL(down 1.34%) and MOIL(down 1.20%) were among the top losers.
The NSE Nifty50 index was trading 103.05 points down at 16869.1, while the 30-share BSE Sensex was down 327.8 points at 57228.1 at around 10:04AM.
Bharat Petroleum Corporation(up 3.13%), Titan Company Ltd(up 2.57%), Nestle India(up 1.71%), Divis Laboratories(up 1.55%), Hindustan Unilever(up 1.28%), Britannia Industries(up 1.25%), TATA CONSUMER PRODUCTS(up 0.91%), Bajaj Auto(up 0.87%), Sun Pharmaceutical Industries(up 0.54%) and Power Grid Corporation of India(up 0.5%) were among the top gainers in the Nifty pack.
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Vedanta Looks to Raise up to $1b from Credit FundsBillionaire Anil Agarwal's Vedanta Group has widened its net for borrowings to credit funds such as Farallon Capital, Davidson Kempner and Ares SSG Capital to meet more than $1 billion in upcoming repayments, said people familiar with the matter.
IT Hardware Cos Flag PLI’s Investment ClauseIT hardware manufacturers such as Foxconn, HP and Dixon Technologies have urged the government to drop the fresh investment clause proposed in the revised production-linked incentive (PLI) scheme being prepared for the industry.
India to Help Add Cool Quotient to BenettonThe global chief executive of Benetton Group said India is critical for rebuilding the “coolness” quotient of the Italian clothing brand globally, part of its wider strategy to turn the retail chain around and fight back against fast fashion rivals.
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