Mallya will now be the Founder Emeritus of USL
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.