9:31 am Morgan Stanley's take on Trade War: The US has rolled back some tariffs on other countries which is a positive and measures announced By Donald Trump are less aggressive than what we feared,
Benchamrk indices on Wednesday closed higher second day in a row ahead of Federal Reserve policy meeting.
Delhi High court has issued notice and sought response from A Raja, Kanimozhi and others.
The Sensex extended rally in morning, rising 220 points, backed by Reliance Industries, L&T, HDFC Bank, Vedanta, HDFC, ITC, SBI, IOC, Infosys and ICICI Bank that gained up to 1.5 percent.
9:29 am Currency Ban: US President Donald Trump signed an executive order making it illegal for Americans to purchase any cryptocurrency issued by Venezuela.
9:32 am Buzzing: IOC shares fell for fourth consecutive session, losing another 2 percent, taking total four-day loss to more than 11 percent.
Domestic share indices started the session on a weak note, tracking global markets, which were subdued on US import tariff concerns, and led by continued weakness in commodity-related and banking stocks.
This decision implies that there will be no increase in price of urea, till 2020.
Domestic stocks started Wednesday on a shaky wicket after dismissal of US Secretary of State roiled markets worldwide.
The move comes as the central bank clamped down on the import financing route used by fugitive jeweller Nirav Modi and his uncle Mehul Choksi for allegedly committing multi-billion banking fraud.
Punjab National Bank has dismissed a settlement offer from jeweller Nirav Modi, accused of perpetrating a Rs 12,600-crore fraud on the state-owned lender, and asked him to pay the entire amount owed it immediately.