IOB, BOB, SBI to cut lending rate by 75 bps

Shares in KLG Systel extended gains after it received orders worth 1.32 billion rupees to trade up 8.04 percent at 123.00 rupees.

Tata Motors Ltd fell as much as 9.5 percent after India's top vehicle maker said on Wednesday it was closing its commercial vehicle plant in Jamshedpur for three days from Thursday to avoid a build-up of inventory. The shares are trading 7.3 percent lower at 168 rupees. As of 3:56pm IST 159.15INR Price Change -22.05 Percent Change -12.17%

Gujarat NRE Coke fell over 8 percent after India's largest metallurgical coke producer told Reuters its profitability will be hurt in the short-term on slowing demand from the steel industry. Shares were trading at 31.3 rupees, down 5.7 percent from the previous close.

15:34 IST BSE MID-CAP INDEX SLIPS 2.18 PCT; SMALL-CAP INDEX DOWN 2.05 PCT
15:33 IST BROADER 50-SHARE NSE INDEX PROVISIONALLY ENDS 3.35 PCT DOWN AT 2894 POINTS
15:32 IST BSE SENSEX PROVISIONALLY CLOSES DOWN 3.7 PCT, 23 OF 30 INDEX COMPONENTS LOSE; METALS INDEX SLIPS 7.98 PCT
15:30 IST BSE BANKING INDEX DOWN 3.44 PCT; ICICI BANK, SBI, YES BANK, BANK OF INDIA DOWN NEARLY 5 PCT

15:27 IST INDIAN OVERSEAS BANK SAYS CUTS PRIME LENDING RATE BY 75 BPS TO 13.25 PCT FROM NOV 6
15:26 IST SHARES OF INDIA'S TOP LENDER, SBI, TRADING DOWN 4.5 PCT AT 1216 RUPEES
15:22 IST BANK OF BARODA SAYS PRIME LENDING RATE CUT TO 13.25 PCT
15:22 IST BANK OF BARODA SAYS CUTS LENDING RATES BY 75 BPS EFFECTIVE NOV 10

15:21 IST BSE MID-CAP INDEX SLIPS 2.16 PCT; SMALL-CAP INDEX DOWN 2.06 PCT
15:21 IST BSE OIL & GAS SLIPS 5 PCT, BSE BANKING INDEX DOWN 3.02 PCT
15:18 IST BSE METALS INDEX DOWN 8.4 PCT; JSW STEEL, STERLITE INDUSTRIES, TATA STEEL DOWN 10-13 PCT

15:15 IST SENSEX DOWN 382 POINTS AT 9733; TATA MOTORS, TATA STEEL, STERLITE INDUSTRIES TOP LOSERS
15:13 IST BSE BLOCK DEAL: RELIANCE COMMUNICATION VENTURES 300970 SHARES AT 215.95 INR
15:12 IST 50-SHARE NSE INDEX TRADING 3.7 PCT DOWN AT 2884 POINTS
15:08 IST SENSEX SLIPS 4 PCT TO 9712, NEAR DAY'S LOW

15:07 IST IOL NETCOM SAYS BOARD TO MEET NOV 12 TO CONSIDER RAISING FUNDS
15:05 IST BSE SENSEX DOWN 349 POINTS AT 9779; METALS INDEX SLIPS 8.2 PCT, OIL & GAS INDEX DOWN 4.1 PCT
15:02 IST WPI INDEX AT 238.5 FOR WEEK ENDED OCT. 25 - GOVT
15:01 IST INDIA REVISES ANNUAL WPI INFLATION FOR WEEK ENDED AUG. 30 TO 12.38 PCT FROM 12.10 PCT - GOVT
15:00 IST ANNUAL WHOLESALE PRICE INFLATION FOR WEEK ENDED OCT. 25 AT 10.72 PCT - GOVT
15:00 IST VINAY CEMENTS SAYS TO DE-LIST SHARES FROM ALL STOCK EXCHANGES
14:59 IST 50-SHARE NSE INDEX TRADING 2.6 PCT UP AT 2913 POINTS LED BY LOSSES IN RELIANCE INDUSTRIES, BHARTI AIRTEL AND INFOSYS
14:57 IST SENSEX EXTENDS LOSSES TO 3 PCT ON DAY, DOWN 343 POINTS

14:53 IST TV SAYS ANNUAL WHOLESALE PRICE INFLATION FOR WEEK ENDED OCT. 25 AT 10.72 PCT
14:53 IST 50-SHARE NSE INDEX TRADING 2 PCT DOWN AT 2928 POINTS
14:51 IST SENSEX TRADING AT 9915, DOWN 200 POINTS WITH 19 OF 30 INDEX COMPONENTS IN RED; TATA STEEL TOP LOSER, DOWN 13 PCT
14:49 IST TOP PVT SECTOR BANK ICICI TRADING 0.6 PCT DOWN AT 449 RUPEES PER SHARE

14:46 IST SENSEX HEAVYWEIGHT RELIANCE INDUSTRIES SHEDS 4.3 PCT; STOCK TRADING AT 1214 RUPEES PER SHARE
14:44 IST NSEI BLOCK DEAL: CANARA BANK 1351820 SHARES AT 183.00 INR
14:43 IST BSE BANKING INDEX UP 0.54 PCT; BANK OF BARODA, ORIENTAL BANK, KOTAK MAHINDRA BANK UP 2-3 PCT

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