Jio Financial Services Gears Up for Debut on August 21; Adani Stocks Surges 6% Amidst Buzz of Major Investment from Abu Dhabi

RBI's Guidelines Issued to Reset EMI Interest Rates for Floating Loans.

Market Summary

Closing Bell: Nifty below 19400, BANKNIFTY slips below 43900, Sensex tanks 200 pts, IT, Reality, and Healthcare slips.

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Market News

Adani Green Energy(+6.56%) and Adani Power(+6.30%) Surge on Investment Interest by Abu Dhabi Investor's. 💰🚀

Jio Financial Services Gears Up for Debut on August 21, Amidst FTSE Russell's Removal Plan. 🗓🚀

NDTV(+1.54%) Stock Rises Post Ministry Approval for Four Regional Channels; Adani Group-Owned Broadcaster Broadens Its Reach. 📺📈

RBI Steps In: Banks and NBFCs Barred from Levying Penal Interest on Defaulting Borrowers, New Guidelines Ensure Transparency. 💰🧾

Mahindra & Mahindra(-1.33%) Faces Rs 14.3 Lakh Penalty for Incorrect Tax Credit Transition; Optimistic About Appellate Resolution. 🧾💸

Pyramid Technoplast IPO Off to a Promising Start: Subscribes 78% on Day 1 with Strong Retail Investor Response. 🧾✔️

Concord Biotech Shares Debut with a Bang: Listed at Rs 900.05, a 21.46% Premium Over IPO Price of Rs 741. 🧾✔️