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The market regulator, in its letter to Aurobindo Pharma dated June 24, said the company had disclosed very limited and restricted information related to the inspection. The only fact disclosed by the company was that a warning letter was received from USFDA.

"The plummeting profitability of mining forced these miners to increase their selling rate to more than 100% of their output in May. The conditions have worsened in June, meaning they are likely selling even more," said Arcane analyst Jaran Mellerud.

Tata Steel, Britannia Industries, Devyani International, Bank of Maharashtra, Sundaram Clayton, Elecon Engineering Company, Bliss GVS Pharma, Rane Brake Lining, Artson Engineering, Rane Engine Valve and Morarka Finance have their annual general meetings (AGMs) today. Meanwhile, Scanpoint Geomatics will have an EGM today.

What started this year in crypto markets as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesses has exposed a web of interconnectedness that looks a little like the tangle of derivatives that brought down the global financial system in 2008.

Stocks that were in focus included names like Route Mobile which rallied more than 8 per cent, Timken India which was up nearly 4 per cent, and Ambuja Cements which closed with gains of over a per cent on Monday.

Lending to the household sector which includes individuals, proprietary concerns, Hindu undivided families (HUF) and partnership firms, among others accounted for 53.8 per cent in March 2022. Significantly, loans to female borrowers, who had 22.5 per cent share in bank loans to individuals, increased by 13.9 per cent during 2021-22, the RBI release said.

"Rural demand is down 25% in June as farmers are busy in sowing kharif crop and buying seeds and other agricultural inputs. July will also be similar. The demand will return in August during Ganesh Chaturthi," said Ashish Pethe, chairman, All India Gem & Jewellery Domestic Council.

The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, requires the central government to hold at least 51% of public sector banks. The earlier thinking was that Centre should retain at least 26% stake during privatisation and that this could be brought down gradually.

UAE Energy Minister Suhail al-Mazrouei said on Monday UAE was producing near maximum capacity based on its quota of 3.168 million barrels per day (bpd) under the agreement with OPEC and its allies, together called OPEC.

The U.S. dollar struggled against its major rivals on Monday as softening inflation expectations prompted a reassessment of the prospects for aggressive interest rate hikes but volatile markets cushioned a broader decline.