News Overview

During the trading session, DIIs purchased shares worth ₹20,267.90 Crore and sold shares for ₹11,174.18 Crore.

The company, which has the support of well-known investors Temasek and TPG Growth, owns 71.75% of its 1994-incorporated subsidiary Dr. Agarwals Eye Hospitals.

After Dharwad in Karnataka, this would be Tata Motors' second facility in South India.

This comes as the Reserve Bank of India (RBI) has criticised Paytm's payment banks for breaches in due diligence.

With credit cards constituting 1-20% of banks’ total loans, 30-80% of the cards being co-branded, and the recent increase in risk-weights — analysts of IIFL Capital Services expect the revenue to be impacted — less for large banks, but more for smaller banks and select NBFCs.

Viacom18, primarily owned by Reliance, operates 40 television channels including Comedy Central, Nickelodeon, and MTV.

Spot gold was unchanged at $2,173.89 an ounce. The price of US gold futures fell 0.1% to $2,178.20.

U.S. West Texas Intermediate (WTI) oil was up 7 cents, or 0.9%, at $79.79 per barrel, while Brent futures up by 10 cents, or 0.12%, to $84.13 a barrel.

The Fed's new economic estimates will be of interest, as it is largely anticipated that it will maintain its current rate of growth at its meeting next week.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes. These influences lead to varying fuel rates across different states in the country.