Hero MotoCorp top Nifty loser, down over 2% after Govt issues draft notification on ABS

Alert: ABS is Anti-lock Braking System

#IndusIndBank in focus | #RBI deadline for #CEO post recommendations to end today

#JustIn | #RelianceIndustries denies PTI report on talks to buy #Rosneft’s stake in Nayara Energy

🚩Alert: PTI had reported Rosneft is in early talks with RIL to sell its 49% stake in #NayaraEnergy

Commodity Updates | Brent breaks its 2-day winning streak as oil tumbles again. OPEC+ gears up for another supply boost in August—will more barrels mean more pressure? All eyes on July 6. 🛢📉

(Agencies)

See significant day-one impact on lenders’ profitability at system level: Moody’s Ratings on RBI’s project finance norms.

#JustIn | #AUSmallFinBk partners with #LIC to expand life insurance access across India

#MarksansPharma | US FDA issues EIR for arm Time-cap Labs’ Farmingdale, New York unit

EIR indicates closure of inspection at the unit

#KarnatakaBank Clarifies: Bank well-capitalised with capital adequacy ratio of over 19.85%.

#JustIn | #RelInfra signs agmt with US-based Coastal Mechanics for defence repair, upgrade mkt opportunity

Reliance Def & Coastal Mechanics to set up JV at #MIHAN for both Indian & export markets

🚩Alert: MIHAN is Multi-modal International Cargo Hub and Airport at Nagpur

#JustIn | ITI signs agreement with BSNL for NER-II Package-15 of BharatNet project worth ₹1,901 crore

#Meta is changing rules for securities and investment ads in India

Here are the top contributors to #Nifty50 change.

Most sectoral indices close lower.

May industrial output rises 1.2% vs estimate of 2.3%.

April-May fiscal deficit at Rs 13,163 crore.

#JustIn | Bharat Electronics gets additional order worth ₹528 crore since June 20