Auto Sector

Spot gold had increased 0.3% to $1,985.89 per ounce. At $1,996.30, U.S. gold futures saw a 0.1% increase.

The IPO comprised a fresh issue of 1.08 crore shares, aiming to raise Rs 545.4 crore.

The company's board of directors has authorised an interim dividend of Rs 12 per equity share, with November 2 set as the record date.

All segments set to do well in the quarter.

U.S. West Texas Intermediate crude prices fell 3 cents to $85.36 a barrel, while Brent crude futures down 3 cents to $90.10 a barrel.

Overnight, the Japanese yen hit a new one-year low of 150.32 per dollar, and it was last trading at 150.26.

Healthy growth in premiums, margin contraction likely.

Provisions and contingencies were Rs 815 crore in the second quarter.

The firm's valuation stands at Rs 10,424.53 crore.

Asian peers are also trading under pressure tracking the weak global cues.