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Share market updates: Sensex down 200 pts, Nifty gives up 10,600;No change in petrol, diesel prices on Wednesday.

The domestic stock markets– Sensex and Nifty –opened lower on Wednesday morning tracking weak global cues. Sensex tanked 211 points to 35,258.97, while the broader Nifty 50 was trading near 10,600. HUL share price plunged by nearly 2% to 1,750.80, and Sun Pharma share price tanked by more than 1.2%. Meanwhile, Japanese stocks gained in the trade this morning, following a Christmas Day plunge of both the Nikkei 225 and Topix. 


Earlier, President Donald Trump’s attacks on the Federal Reserve spooked the stock market on Christmas Eve, and efforts by his Treasury secretary to calm investors’ fears only seemed to make matters worse, contributing to another day of heavy losses on Wall Street on Monday.

ASIA UPDATE Global stock markets were heading into the year-end under a heavy cloud after another rout this week as US political uncertainty added to heightened concerns over slowing global economic momentum.

OIL UPDATE Brent crude oil futures were trading around $50 a barrel.

Prices -Petrol, diesel prices remained unchanged across the major cities of the country on Wednesday. after five straight days of cut. It may be noted that retail fuel prices are already hovering around their lowest level since March. In the national capital Delhi, non-branded petrol is priced at Rs 69.79 on Wednesday, no change compared to Tuesday. Similarly, diesel price was also unchanged at Rs 63.83 on Wednesday, according to data available on Indian Oil website.

In the country's business capital Mumbai, petrol is sold at Rs 75.41 and diesel is sold at Rs 66.79 per litre. In the other two metros like Chennai and Kolkata, petrol is sold at Rs 72.41 and Rs 71.89 respectively and diesel in these cities are retailing at Rs 67.38 and Rs 65.59 respectively.

Big Jump in number of cases settled by Sebi
There has been a near six-fold increase in the number of settlement orders passed by Sebi over the past three financial years, with a record number of 200 orders passed in FY18 that accrued cumulative charges of Rs 30.8 crore to the regulator. In contrast, 34 cases were settled in FY16 resulting in charges amounting to Rs 4.4 crore.


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