Join us as we follow the top business news through the day.<\/p>\n
10:00 AM<\/p>\n
Sensex, Nifty start on cautious note amid tepid global cues<\/h2>\n
A slow start to the day for stocks.<\/p>\n
PTI<\/em> reports: “Domestic equity benchmarks Sensex and Nifty turned cautious in early trade on Thursday amid lack of directional cues from global markets.<\/p>\n After opening 150.33 points higher, the BSE Sensex pared most gains to trade 12.69 points or 0.03 per cent higher at 39,098.72; while the NSE Nifty was up 13.80 points or 0.12 per cent at 11,548.80.<\/p>\n M&M was the top gainer in the Sensex pack, rising around 2 per cent, followed by Maruti, TCS, L&T, Titan, Bajaj Auto and Sun Pharma.<\/p>\n On the other hand, Bajaj Finance, ICICI Bank, IndusInd Bank and PowerGrid were among the laggards.<\/p>\n In the previous session, Sensex settled 185.23 points or 0.48 per cent higher at 39,086.03, while Nifty climbed 64.75 points or 0.56 per cent to close at 11,535.<\/p>\n Exchange data showed that foreign institutional investors bought equities worth Rs 990.57 crore on a net basis on Wednesday.<\/p>\n According to traders, domestic equities turned choppy amid lack of directional cues from global markets.<\/p>\n Concerns of India-China border tensions too weighed on investor sentiment, they said.<\/p>\n Bourses in Shanghai and Hong Kong were in the red in mid-day deals, while Tokyo and Seoul was trading with gains.<\/p>\n Stock exchanges on Wall Street ended significantly higher in overnight session.<\/p>\n Global oil benchmark Brent crude was trading 0.09 per cent higher at USD 44.47 per barrel.”<\/p>\n 9:30 AM<\/p>\n Finance Minister Nirmala Sitharaman will hold a review meeting with heads of banks and NBFCs on Thursday for the smooth and speedy implementation of the one-time debt recast for resolution of COVID-19-related stress in bank loans.<\/p>\n The Reserve Bank of India (RBI) last month permitted a one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset (NPA).<\/p>\n \u00a0\n<\/p><\/div>\nFM to meet heads of banks, NBFCs<\/h2>\n