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Govt-backed Bad Bank to have separate trusts for each distressed asset

Govt-backed Bad Bank to have separate trusts for each distressed asset
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Nifty today: SGX Nifty up 110 points; here s what changed for market while you were sleeping

Yuan flat at 6.4756 against the greenback Crude up on hopes of fall in US crude stocks Oil rose on Tuesday, recovering from the previous day s drop, as expectations of further declines in US crude inventories outweighed fears that spreading Covid-19 variants could derail a global economic recovery. Brent crude for September climbed 25 cents, or 0.3%, to $75.41 a barrel by 0036 GMT. U.S. West Texas Intermediate crude for August was at $74.33 a barrel, up 23 cents, or 0.3%. FPIs sell shares worth Rs 746 crore Net-net, foreign portfolio investors (FPIs) turned sellers of domestic stocks to the tune of Rs 745.97 crore, data available with NSE suggested. DIIs, turned buyers to the tune of Rs 447.42 crore, data suggests.

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