Sensex tumbles over 187 points on capital outflows, global cues

Sensex plungedMumbai: Extending losses for the second straight session, the benchmark BSE Sensex plunged over 187 points in early trade today on increased capital outflows amidst a weak global trend.

The 30-share barometer, which had lost 192.45 points in the previous session, fell by 187.69 points, or 0.72 per cent, to 25,707.28.

All the sectoral indices, led by realty, metal, power and banking, were trading in negative territory with losses up to 1.91 per cent.

Similarly, the National Stock Exchange index Nifty slipped below the 7,700-mark by falling 57.90 points, or 0.75 per cent, to 7,663.40.

Tata Motors lines up up to Rs 4,000 crore capex

Tata Motors lines up up to Rs 4,000 crore capexMumbai: With expected turnaround of auto industry by the latter half of the financial year, Tata Motors on Thursday said it is investing Rs 3,500-Rs 4,000 crore this year.

"Our capital expenditure plan for Tata Motors this year is Rs 3,500-Rs 4,000 crore and we will continue to invest for the next three-year period," Chairman Cyrus Mistry told shareholders at the annual general meeting (AGM) here.

The company spent Rs 3,094 crore on capex, design and development of products in FY 2014.

Ricciardo refuses to rule out hunt for Formula One title

Ricciardo refuses to rule out hunt for Formula One titleMelbourne, Aug. 1 - Red Bull motor racing star Daniel Ricciardo has refused to rule himself out of the hunt for this year's Formula One world title.

According to news. com. au, the Australian believes that he is still in with a chance after achieving his second victory in Hungary on Sunday. He had earlier won the Canadian Grand Prix in early June.

Commodity Trading Tips for Mustard Seed by KediaCommodity

MustardseedRmseed settled up 0.19% at 3641 on improved demand amid tight supplies for the oil

Commodity Trading Tips for Maize by KediaCommodity

MaizeMaize settled up 1.69% at 1206 tracking firmness in spot demand amid short covering after prices dro

Commodity Trading Tips for Crude Palm Oil by KediaCommodity

Crude-Palm-OilCPO settled down -0.44% at 516.2 on weak demand from domestic consumer am

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