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Despite the Fed not hiking rates, the gains in the Indian markets are likely to be capped today. Asian markets were mixed today after US flagged off concerns over global growth, particularly China. Overnight, the Wall Street also gave up gains to end lower.
Tata Steel will sell shares in automaker Tata Motors worth up to USD 188 million. The shares are being offered in an indicative range of Rs 324.50 to Rs 338.05 each, with the deal worth up to Rs 1250 crore, the terms showed. The lowest price in the range represents a discount of up to 4 percent to their September 16 close of Rs 338.05.
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